Dubai is the ultimate destination for buying gold and beautifully crafted jewelry fit for any occasion and available everywhere from luxurious stores to highly reasonable ones. You could easily spot gold jewelry shops in big malls of Dubai or on any local shopping destination like Gold Souk or Meena Bazar. According to some sources Dubai is so much preferred for buying gold that people from different countries travel to this place to buy large quantities of gold jewelry from here. There’s however more demand for buying lesser weight gold jewelry which includes delicate chains and bracelets rather than heavy necklaces and rings.
When you go to buy gold in Dubai there are certain things to remember especially if you don’t belong to the place. Apart from the itemized bill, the customers can request for the digital authentication certificate which specifies weight, karats, cost of labor and other relevant details about the gold you are buying. This certificate is important as it validates your buy anywhere in the world. Let’s look at the things to keep in mind before you go and buy gold for yourself or as an investment.
1. Check the Purity of gold
Always buy the gold with higher karat value as higher karat signify purer gold and vice versa. The best and purer gold value stands for 24 karat which commonly comes in the form of bars or coins. For beautiful chains and bangles, 22 karat gold is most commonly preferred by Dubai’s jewelers. Whatever might be the value just remember to check before you go on with the buying.
2. Digital authentication certificate
Apart from the itemized bill, the customers can request for the digital authentication certificate which specifies weight, karats, cost of labor and other relevant details about the gold you are buying. This certificate is important as it validates or authenticates your commodity anywhere in the world.
3. Look for trust and purity
Buying gold from Dubai means you are bonding yourself from the jeweler with trust and reliability about the product. Dubai’s gold industry is famous for maintaining a proper code of conduct and transparency with the buyers however it’s recommended to check the same before you shop for the gold here.
4. Check the prices
Gold is an exclusive commodity whose price keeps on fluctuating throughout the time. So it’s advisable to check its current price before you go and buy it. Also, it’s preferable to buy it on Saturday’s and Sunday’s as its the most stable time to buy gold unaffected by price fluctuations until Monday.
5. Check for warranty
Gold is seen more like an investment than just a simple buy as its expensive. Therefore when you go for its shopping you would want good years of warranty for it if it wears out or gets damaged by accident. So remember to discuss warranty details with the seller.
Gold is exquisite and is loved by both men and women. It’s a status symbol which for many works as a great investment for the future. Buying gold in Dubai is not tough but just requires some do’s and don’ts before shopping for it.
