Is it worth buying gold in Dubai now?
Gold prices in Dubai just dropped by Dh10 per gram, now at Dh613.25, after peaking earlier this month.
The ongoing Middle East conflict has traders offering big discounts (sometimes up to $30 an ounce below global rates) to move stock stuck by shipping disruptions.
How much gold can you bring back to India?
Indian customs rules let women bring 40gm and men 20gm of gold jewelry duty-free.
If you've been abroad over six months, you can import up to 1kg by paying duty in foreign currency.
But for most travelers, extra taxes and logistics could wipe out any savings from Dubai's price drop.
Why the sudden drop in prices?
The conflict has tangled up gold shipments and cooled demand, so traders are slashing prices to clear inventory.
Plus, with the US dollar getting stronger, many investors are moving their money out of gold for now.
Even though global gold prices have risen recently, shoppers in Dubai seem to be waiting for things to settle before buying in.