Dubai’s Gold Souks are one of the best Gold markets in the world. The reason people go to these Souks is that the prices there have a serious dip as well as the labour and the purity is on the check. The Glitters of the market are amazing to look at. Moreover, the purity, the guarantee and the labour charges that they offer are quite great and other parts of the world don’t have that much guarantee to start with.
This is a small insider’s guide to Dubai’s Gold Souks and what are the things you want to keep in mind when you visit the Gold Souks of Dubai for the first time. Though we will try to give all the experience to you people so that you can get the most out of the Gold souks of Dubai, but there can be something that is best for you but isn’t for us. Take a look here first.
Doing the research before
In this Insider’s guide to discovering Dubai’s Gold Souks, the first is that, It is important to keep in track with the gold prices of the day before you visit the shops. Because the volatility of the Gold price in Dubai is high. Thus, visit some online sites before the visit to make yourself familiar with the prices. Also remember that the purity is taken on Karatage, like 24, 22, 18 etc. these Karatages determine the purity of the build.
Visiting the shops
Locals have said that the shops are open for 7 days from 10 to 10. Some of them however close from 1-4 in the afternoon. Thus if you are visiting the shops avoid the time as you have to return empty-handed. Also, try to avoid the rush hour so that you can bargain and watch the jewellery in peace.
Do bargain
Bargaining is an active skill in the Gold Shops of Dubai. Thus, do bargain because the shops are competitive with the price as well as the charges like labour and making. If you play your cards right the jewellery will save you a good sum. Just don’t be adamant about the price as it will lend you on the harm’s way. Flexibility in bargaining is the key to get the best.
What to look for?
It is also important to take the authenticate certificate for the jewellery as it contains the price, Karatage, labour changes, purity, VAT and weight of the jewellery and it is internationally valid. Thus, it should be kept in mind that you collect it as soon as you are done with the purchase.
Take a tour of the trends
The bangles, pendants, and rings are made on the trends of slim and sleek. Thus, you should take some time to research the trends that the shop you are going to visit, follows. Also, make sure what is the customs duty for taking the gold to the country you are from. As there is a certain amount of gold you can carry out of the country.
Last but not least
To bring things to a close it is important to take on your guide, that is your internet with you at all times. Though this insider’s guide to Dubai’s Gold souks should cover almost everything for you, at the same time there are some nook and scratches that you can find from the internet as well. The shops are really competitive for the pricing thus you have a good room of opportunities. Once, ‘I told the manager that the other shop is giving a coin for the jewelry I am purchasing’ and they also offered me the same with slightly more weight. Thus try to be a good bargainer.
