> Gold rates across countries.?

Gold rates across countries.?

Posted at: 2014-12-05 
All these predictions are very easy, but to do this in real is very difficult and risky also. If you want to earn more money you can try other segments of the stock market.

dear, if you import you have to pay import duties - customs duties which is 10% on gold solid in India

you can see cheaper rate of gold in saudi arebia/ UAE/ Singapore then PK

You can, but also understand you'll lose money on every transaction - gold to INR to PKR each will have a slice taken off on exchange, with gold -> national currency potentially quite large and unpredictable.

I have calculated the gold rates across India and Pakistan.

In India, per 10gm Gold as per current rate is INR 25000 which translates into $ 422.5 and In pakistan its PKR 40000 which translates into $ 405.75

So just by buying 10 gms of Gold in Pakistan and selling it into India , one can make $ 16.75 .

And by selling 1 kg of gold, one can easily make $ 1675 profit . So why cant we do it ?