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However, nowadays another most common mode of buying gold ornaments is purchasing gold jewelry online. This is the most convenient and cost-effective way of purchasing gold ornaments. Gold Jewellery online shopping of Malabar Gold & Diamonds in UAE. Get certified 916 Gold mark, lifetime product service, easy exchange policy & more.

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The price of the coin is $500, so we divide the cost by the gold weight: $500 / 7.32 = $68.30 per gram. Now we can compare the prices of the two items on an apples-to-apples basis. There are two methods: Convert both prices to ounces. We already have $2,000 per ounce for the Gold Eagle.

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United States. This one might seem a bit surprising, but the US is actually one of the cheapest places to buy gold. There are times when the US offers special deals and very low prices – sometimes even lower than Hong Kong. Generally, you can find gold coins in the United States for as low as $1,948.

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