UAE tourist guide: What are the do's and don'ts when buying gold from Dubai?

Do these before you buy

1. Know the day’s gold rate
   Before you go shopping, check the current international gold rate. Most Dubai stores follow the daily global price (which is quoted in dirhams per gram), so you’ll know whether you're getting a fair deal. Rates are usually displayed on digital boards inside the store.

2. Understand karat ratings
   Gold purity is measured in karats. The higher the karat, the purer the gold. In Dubai, you’ll commonly find 18K, 21K, 22K, and 24K gold. Each comes with a different price and durability level — for example, 22K is ideal for jewellery, while 24K is usually bought as bullion.

3. Shop from reputable sellers
   Stick to well-known areas like the Deira Gold Souk, Meena Bazaar, or trusted retailers in malls. Reputable shops are regulated and follow strict standards for quality and transparency.

4. Check the hallmark
   All legitimate gold in Dubai is hallmarked by the Dubai Central Laboratory. This tiny stamp certifies the purity and authenticity of your piece. Don't hesitate to ask the seller to point it out on the item.

5. Factor in making charges
   Aside from the price of gold itself, you’ll pay a making charge — essentially the cost of craftsmanship. This can vary widely depending on the complexity of the design. If budget matters, ask for simpler styles or try to negotiate lower charges.

6. Get paperwork and receipts
   Always request a certificate of authenticity that details the karatage, weight, and purity. Keep the purchase invoice — you’ll need it if you ever want to resell the item or if you're questioned at customs.

7. Understand payment options
   Most shops accept both cash and cards. Cash payments may sometimes fetch small discounts or help avoid credit card surcharges. Carry multiple payment options if you're planning a big buy.

Avoid these common mistakes

1. Don’t fall for “too cheap to be true” offers
   Gold prices in Dubai are closely regulated. If someone offers a deal that's significantly cheaper than the day’s rate, it could be fake, low-purity, or gold-plated.

2. Don’t assume everything is negotiable
   You can negotiate making charges, but not the gold price itself. That’s non-negotiable as it’s pegged to the global market rate.

3. Don’t skip asking questions
   Ask about the gold’s origin, return or exchange policies, and making charges. A reputable seller won’t mind explaining every detail.

4. Don’t rely on verbal assurances
   Insist on hallmarks and written certificates — they’re your only proof of what you’re buying.

5. Don’t forget your home country’s customs rules
   Different countries have varying limits on how much gold you can carry back duty-free. In India, for instance, anything above 6–7 grams may be taxed, and enforcement is strict at many airports. Check the latest import laws before splurging.

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