|USD 297.851||1110.984||Gold Coin|
Gold price for: May 19, 2019 show gold price for Ounce , 24 carat, 22 carat, 21 carat and 18 carat , Gold prices are updated once every 10 minutes with to show gold rate in AED and U.S. Dollar (USD) .
Gold Rate Today Show net gold price per gram from local market and subject to any additional country charges or tax and Gold shop charge
Last Update: May 19, 2019 - 15:28:07 according to the local time
Gold Rate Today show from local market price and International Gold Rate by AED
How and Where To Buy Gold In Dubai ?
When in Dubai it is almost impossible not to visit the Dubai Gold Souk.
Gold Souk in Dubai is one of the emirate’s most popular tourist destinations known for its gold trade. With countless retailers around the market, you may wonder which areas you should visit for shopping, but you can never overlook the gold market in Dubai in the old Deira district.
Tourist buses include regular travel to this area, but even if you do not plan to buy gold, Dubai Gold Souk should be seen when you are in Dubai, where gold line up from the corridor to the corridor in an eye-catching fashion.
Gold Souk in Dubai is Dubai’s most popular market, but in any case it is not the only place to buy gold in Dubai. If you do not want to try the market to buy there are many other (air-conditioned) places to shop. One of the best alternatives is the Gold and Diamond Park (near the First Gulf Bank Metro Station).
Some tips for buying gold from Dubai Gold Souk
If you plan to buy gold, you will find some tips to help you understand how to deal with traders and make a purchase.
1- Know the market price: Gold like stocks, its price fluctuates on a daily basis. So it is wise to know how much the world price is in open markets. Apart from your experience in gold, knowing the official price is probably the most important factor you should know before you start buying gold from Gold Souk in Dubai. By knowing the market price you will be able to bargain with the sellers. The retail price of gold in Dubai is a good starting point, as prices are quoted in UAE dirhams in the market for the current price.
2- Knowing Gold Types: Like anything you want to buy, you should conduct your research for not paying much. Gold is a pure carat, which means that 24 carat gold is 100% pure gold. It is important to know that pure gold is soft, so it is given hardness by mixing it with different metals such as silver and zinc. Copper and nickel in calculated and agreed proportions globally. The gold comes in different colors, which explains the type of alloy mixed with it.
3- Choose your Gold jewelry: Once you know what type of ornaments you want, be it earring, bracelet, necklace, earring, chain or so on, you will ask for the carat grade and weight. The dealer will answer you and then weigh the pieces you choose in front of you and calculate the price according to the official price. You can check Live Dubai Gold Rate
4- Learn to bargain: Bargaining is an art and you will learn it after your tour between different shops. Sellers expect you to bargain so they have the final price value in anticipation. Trying to divest or bargain is 25% of the offered price, but be prepared to leave if you do not agree to a compromise.
5- Go to different Dubai gold stores before buying: Before you purchase the desired item, you should know that most stores have the same pieces, and they may only vary in price based on your barter skills, and you have hundreds of retailers to choose from. Be sure to stick to purchases from large stores, where the quality of gold that is sold closely by the government is monitored, and it does not hurt to ask about the quality of gold from the owners of the shops.
6- History tells us that in the old days, Indian and Iranian merchants set up shops in the Deira district, now a vast area in Dubai. Today, the gold market in Dubai is known to have the cheapest prices compared to the surrounding areas. So when buying gold we hope that the above tips will help you bargain and get the best prices and keep your money.
Dubai Gold Souk / Working Hours and Metro Closest
Gold Souk in Deira is open from Saturday to Thursday from 10 am to 10 pm on Fridays from 4 pm to 10 pm.
To get there by public transport, you can take the Dubai Metro train and stop at Al Ras Metro Station (Green Line). You can go out and ask only about the gold market, and even if you do not want to buy gold you can not miss visiting the gold market in Dubai for being a popular and fun tourist area for a unique tour.