Mahesh Subramaniya

engineer, developer, photographer, coffee lover
@msubramaniya |

Is gold buying outside india profitable?

1 USD
Outside India - 24ct
$
/oz
( {[{goldPriceOutsideIndiaPerOunceInUSD/31.1*usdToInr | rupees}]} / gram)
India - 24ct
/gm
India - 22ct
/gm
Customs duty
/10 gm
Value Addition
%
VAT
%

If you hold as Coin (after exchange rates & duties)

1 gm of 24ct purchased outside India will buy you {[{gctrl.getIndianEquivalentof22CtInGrams() | number : 2 }]} gms of 22ct in India
8 gm ( 1 sov ) of 24ct purchased outside India will buy you {[{gctrl.getIndianEquivalentof22CtInGrams() * 8 | number : 2 }]} gms ( ~ {[{gctrl.getIndianEquivalentof22CtInGrams() * 8 |soverign }]} ) of 22ct

If you hold as Jewellery( after exchange rates,duties, making charges etc.,)

1 gm of 24ct purchased outside India will buy you {[{gctrl.getIndianEquivalentof22CtPerGramAsJewels() | number : 2 }]} grams of 22ct in India
8 gm ( 1 sov ) of 24ct purchased outside India will buy you {[{gctrl.getIndianEquivalentof22CtPerGramAsJewels() * 8 | number : 2 }]} gms ( ~ {[{gctrl.getIndianEquivalentof22CtPerGramAsJewels() * 8 |soverign }]} ) of 22ct
8 gm ( 1 sov ) of 22ct purchased in India will be equivalent to {[{gctrl.getIndianEquivalentof22CtPerGramAsJewelsPurchasedInIndia() * 8 | number : 2 }]} gms ( ~ {[{gctrl.getIndianEquivalentof22CtPerGramAsJewelsPurchasedInIndia() * 8 |soverign }]} ) of 22ct
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