If buying in person, tax-efficient hubs allow you to avoid Value-Added Tax (VAT) or Goods and Services Tax (GST) that significantly inflate the final price. Key Reason for Low Price Zero VAT on investment bullion Known as the "City of Gold" for its transparent pricing. Hong Kong No sales tax or VAT High retail competition keeps premiums exceptionally low. Singapore GST exemption (99.5%+ purity) Favored for tax-efficient, high-purity investment gold. Switzerland Dominant refining industry
: Kilo and 10 oz bars typically have much lower premiums per ounce than 1 oz bars or fractional coins. cheapest place to buy gold bullion
: Highly recommended by individual investors for frequently offering the closest prices to spot. If buying in person, tax-efficient hubs allow you
: Ranked by Investopedia as the Best Low-Price Option for 2026 due to consistently low average premiums and fair fee structures. Singapore GST exemption (99