Everybody knows that gold jewelry is much cheaper in India than in Norway, but not many know that 24 carat pure gold, in the shape of a 999,9 gold coin, might be an interesting souvenir to take home from Oslo.
Indian tourists in Norway, with money to burn, might find it interesting to buy a tax free, one ounce gold coin (31,103 grams). The current price for a Canadian Maple Leaf gold coin in Oslo, is at the moment of writing (11.09.2019), 14239 NOK, ie 116000 INR. This means that Indian visitors will pay 3730 INR a gram. This is less than Gold Returns India quote for 1 gram 24 carat gold, namely 3830 INR.GoldReturns India.
The prices quoted above are not exact, and change from minute to minute. Potential gold buyers in Norway have to do their own personal calculations. They should also take into consideration the Indian import tax on gold, 12,5 %, if they do not want to be caught smuggling gold into their gold hungry country. ;-)
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