UAE is famous for her gold markets. Collections of the gold souks are really mind blowing. If you spend little time and do some homework then you can end up doing good shopping.
I went to UAE and stayed there in April and May 2011 for implementation of our Health Care ERP. During the tour I visited some of the most interesting parts of Dubai, Sharjah and Ajman.
Here I am sharing some tips if you are planning to visit Dubai to buy some gold.
Buying Gold for the shoppers from Indian Sub-Continent (Specially those from India, Bangladesh, Pakistan, Sri Lanka, Nepal etc) can be little confusing as we are used to of measuring gold in ‘Vori’, ‘Tola’ etc. I have never had any idea about them but when I needed to compare the price I had to learn what they are.
Buying gold in Dubai is really profitable because the gold is pure. It is at least 10% cheaper than the rate in Bangladesh. You can find variety and designs that is almost impossible to find anywhere in the sub-continent. Shoppers will find beautiful designs not only from the European designers but also from south-India, Kolkata, China, South-East Asia and of course different countries of Arab. If you are in a bit of tough budgeting, never even think about taking your girlfriend or wife there.
- Gold markets are called Gold Souk. Because Souk is the Arabic of Market!
- There are number of gold souks in Dubai and one big one in Sharjah. But the biggest gold souk is in Deira, Dubai. It is also the cheapest.
- They sell gold in grams. Mind it 11.1 grams= 1 Vari (Vori).
- There are different types of golds such as 24k, 22k, 18k etc.
- You can hardly find ornaments of 24k gold. Most of the stores sell 24k gold only in Biskits that you can take home with you and then make whatever you want to.
- The price remains same for all types of gold. However, making-cost differs. And this is where you can do hard bargaining.
- You can pre-determine the price by checking online like in the following links: here and here and etc.
- For example today I found that price of 22carat gold is AED 170.75. That means 1 Vori would be AED (170.75*11.1) = AED 1895.325 or (1895.325*20.25)= 38380 BDT.
- This is relatively very cheap as now-a-days gold is almost BDT 43000 per vori in Bangladesh and there is no guarantee of pureness.
- You can find all types of ornaments. But neckless with at least 50gm are good. But there is neckless of only 10gms available as well.
- White gold is another good attraction. They are mostly decorated with diamonds.
- Most of the ornaments of white gold are made of 18k gold but because of the diamonds that they come with are almost always costly. But you have to do really good bargain.
ki shundor hashi diso MA
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Very good information.. Thanks dude
Thanks,quite helpful.
thank you so much for the information..
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I just couldn’t leave your web site prior to suggesting that I extremely enjoyed the standard information an individual provide in your guests? Is going to be again frequently in order to investigate cross-check new posts
Thnks Faisal for all the info .
Just wanted to know how much bargain can i expect ?
Start from at least half or even less of the asking price 🙂
Hi Faysal, how do I go about determining how much to pay for workmanship? I know how to calculate gold value, but what is generally accepted workmanship price for a chain, pendant, bracelet etc?
Price for craftsmanship varies. Making charge for Ornaments made in West i.e. Italy is almost double of those made in India.
It is very usual to start from half even less of asking price as making charge during bargain.
Hi Faisal.. I have a friend in Dubai today – who can buy gold for me. However I checked the rate on the links you provided is AED 202.75 one Vori. which means (11.1gram – 202.75*11.1 = AED 2250) and if I covert to India rupee from AED it turns to be IND 31507. I asked my family in India the rate in India is IND 29000 approx for 24k./ Do you think I have calculated correctly or GOLD is cheaper in India today than Dubai.
Please suggest if Dubai is still cheaper to Bargain than India – no bargain.
please also suggest which shop best to go in gold souk as my friend isthere tomorrw only for a day.
thanks
anita
In india, The Gold is 10 Grams = 1 Vori and here you are getting 11.1 for 1 Vori. Hence you are making a profit of around Rs 2700 per Vori. 🙂
I am writing to you at this time to advertise the availability of our main product, alluvial gold and diamonds in bulk quantities. As we represent a large number of local surface mining, we are prepared to provide quantities of up to 400 kilograms of 24.karat alluvial gold monthly.
Following is information concerning our product:
Quantity: 400 kilograms available monthly
P $38,000 per kilo
Quality: 22. karat alluvial Au
COMMODITY … … AU DUST
PURITY ………. 97.87%
QUANTITY … . 200 KILOS (1st DELIVERY)
ORIGIN … .. GHANA
DELIVERY … WITHING 5 WORKING DAY UPON RECEIPT OF SHIPPING FUND
Assay reports provided by SGS Laboratories, Accra,
Our firm is in possession of the Gold Export Certificate issued by the Government of the Republic of Ghana necessary to export gold from Ghana, thus we can provide service to any part of the world.
We are prepared to offer the quantity of gold required to the Buyer [or their representative]
best regards
Mr Ansu Agyei
Email…..gabinetgoldmining@gmail.com
Dear Sir/Madam,
Could you please help me to sort a GOLD buyer who will be ready to buy my
alluvial gold dust?
Please see below the product specifications, as I am ready to offer you sales / representative commission percentage on every sales/supply made.
You will test my goods before you make any payment
PRODUCT: ALLUVIAL GOLD DUST
QUALITY : 22 CARAT,
PURITY : 93%+
PRICE : PER KILO 40,000 USD
Thanks, I await your quick reply at tunubuabdul83@yahoo.com
TUNUBUA ABDUL
A very good info..thanks !
Hemantha from Srilanka.
I was ѕuggested this blоg thrоugh my сousіn. I'm nоw not сеrtaіn whеthеr or not thiѕ рut uр іs wrіttеn bу meаnѕ оf hіm as no оnе еlse rеcognіsе suсh рrecisе аpрrоximаtelу my problem. Yоu are wоnderful! Thаnk уou!
I am going to Dubai next week, how much gold one can buy from Dubai, will we have to pay any custom duty in India
I am writing to you at this time to advertise the availability of our main product, alluvial gold and diamonds in bulk quantities. As we represent a large number of local surface mining, we are prepared to provide quantities of up to 400 kilograms of 24.karat alluvial gold monthly.
Following is information concerning our product:
Quantity: 400 kilograms available monthly
P $38,000 per kilo
Quality: 22. karat alluvial Au
COMMODITY … … AU DUST
PURITY ………. 97.87%
QUANTITY … . 200 KILOS (1st DELIVERY)
ORIGIN … .. GHANA
DELIVERY … WITHING 5 WORKING DAY UPON RECEIPT OF SHIPPING FUND
Assay reports provided by SGS Laboratories, Accra,
Our firm is in possession of the Gold Export Certificate issued by the Government of the Republic of Ghana necessary to export gold from Ghana, thus we can provide service to any part of the world.
We are prepared to offer the quantity of gold required to the Buyer [or their representative]
best regards
Mr Ansu Agyei
Email…..gabinetgoldmining@gmail.com
Dear Sir/Madam,
Could you please help me to sort a GOLD buyer who will be ready to buy my
alluvial gold dust?
Please see below the product specifications, as I am ready to offer you sales / representative commission percentage on every sales/supply made.
You will test my goods before you make any payment
PRODUCT: ALLUVIAL GOLD DUST
QUALITY : 22 CARAT,
PURITY : 93%+
PRICE : PER KILO 40,000 USD
Thanks, I await your quick reply at tunubuabdul83@yahoo.com
TUNUBUA ABDUL
Hi Faisal, nice to meet you.
I need information on how to buy gold at a good price in Dubai. write to me at my e arvi@hotmail.es live in Spain, and I want to travel to Dubai.
think you can help me?
Thank you.
actually i need to buy 50 gram gold from dubai hw much would i get it for?
Please check the current price using the links and calculate using formulas given
Dear Sir,
we are the end sellers of Au metals Gold and Diamond in Guinea with
branch office in Sierra Leone.
Our company is reputable and registered in guinea and sierra leone
with the ministry of mineral resources.
We can supply reasonable quantity of gold and diamond on a monthly
basis.We are not internet jokers,we sell below international prices
based on our direct link with the local miners.
kindly let us know your interest in buying our Gold and Diamond.
Await your kind responds.
Regards,
Mr.diallo mouctar
diallo.mouctar22@yahoo.com
skype:diallo.mouctar22
I am writing to you at this time to advertise the availability of our main product, alluvial gold and diamonds in bulk quantities. As we represent a large number of local surface mining, we are prepared to provide quantities of up to 400 kilograms of 24.karat alluvial gold monthly.
Following is information concerning our product:
DIAMOND PROCEDURE
D-E VVS1
D-E VVS1/VS1
F-G VVS1
F-G VVS1
G-H-I SI1
H-I VVS1/SI1
F-H-I VVS1/VVS 2
F-G-H SI1
G-H VS1
G-H-I VS1
G-I VVS1/VVS 2
F-G-H VS1
F-G SI1
G SI1
G-H VS1
H SI1
—————–
VS1-VS2; D
VVS2- VS2; E
VS1-VS2; H
VVS1- VVS2; IF
VS1-VS2; D
VVS1 – VS2; IF
VVS1 – VVS1; G
—————–
G-H-I SI
H-I VVSI/SI
F-H-I VVS/VVSI
we have more… we only deal real buyer not fake buyer.. Buyer need to come and inspect what he is buying .. This parcel produce in West Africa, viewing is in ghana .. We don’t deliver this parcel to any stranger.
send us LOI or bring your buyer for conference …if you are buyer mandate you don;t need to be worried your buyer paying for your services, my seller paying for my work..
I have enough releasing procedure most of the jokers brokers they cut and paste our information..
i will be the one to screen your buyer whether he would meet our simple procedure or not. We don’t bend seller procedure.
.GOLD PROCEDURE
Following is information concerning our product:
Quantity: 400 kilograms available monthly
P $38,000 per kilo
Quality: 22. karat alluvial Au
COMMODITY … … AU DUST
PURITY ………. 97.87%
QUANTITY … . 200 KILOS (1st DELIVERY)
ORIGIN … .. GHANA
DELIVERY … WITHING 5 WORKING DAY UPON RECEIPT OF SHIPPING FUND
Assay reports provided by SGS Laboratories, Accra,
Our firm is in possession of the Gold Export Certificate issued by the Government of the Republic of Ghana necessary to export gold from Ghana, thus we can provide service to any part of the world.
We are prepared to offer the quantity of gold required to the Buyer [or their representative] We are waiting to serve you better
PROCEDURE
1) Buyer pay 3% of the cost value to enable seller to finance the shipment to buyers refinery together with sellers agent and representative for the final test at the buyers destination. After the final test of the assay report then buyer have to pay the rest of the money within 48hours
2) Seller and Buyer is entitle for 12 months contract. Buyer will issue SBLC as a guarantee to our financials to enable us know we are secure after we deliver to Buyers refinery seller is entitle to send his verbiage for the SBLC and if Buyer is satisfy with the sellers verbiage then Seller and Buyer can sign contract and start supplying
3) Buyer can send his or her representative here in Ghana to inspect the product and test it to the buyers satisfaction. then Buyer pay to Seller within 72hours
Please check this 3 options of our GOLD procedure and if you are okay with it we can move this business forward as partners and long term as well.
Yours Truly
Richardson
Faisal great information Man, thanks. I travel to Pakistan from US side all the time and I didn’t know that buying Gold from Dubai could be a good income. I have bought and sold Gold in Pakistan from Dubai an that is been really good. Thanks
Dear Sir/Madam,
Could you please help me to sort a GOLD buyer who will be ready to buy my
alluvial gold dust?
Please see below the product specifications, as I am ready to offer you sales / representative commission percentage on every sales/supply made.
You will test my goods before you make any payment
PRODUCT: ALLUVIAL GOLD DUST
QUALITY : 22 CARAT,
PURITY : 93%+
PRICE : PER KILO 40,000 USD
Thanks, I await your quick reply at : tunubuabdul83@yahoo.com
TUNUBUA ABDUL
We inform you that we have currently in stock
different countries of the gold dust:
Burkina-over 50 kg
-Ghana and 70 kg
– Mali we have transferred to Ivory Coast for reasons
Security between 30 kg. 96 to 98% purity. 22-carat quality.
Please tell us if the quality or quantity you
interested, so we can give you our fairest price.
You will enjoy the lowest costs for the purchase of our gold.
We will offer the best market.
Pending you read, we present and Gentlemen, our
Sincerely well.
Marketing Moussa Koffi
Tel: +22672771801
Émail: wendikounidor@gmail.com
Website: http://wendikounid-or.e-monsite.com
http://www.facebook.com/profile.php?id=100003924145209
Is gold jewelry manufactured there? Can small jewelry stores buy from them wholseale?. Thanks!
Dear Sir/Madam, We are local miners from Tarkwa-Western Region of Ghana. we are reliable and dependable supplier for long term contract agreement with any company/individual that apply with us. Here is the specification below:- PRODUCTS: ……………….. GOLD DUST/ BAR QUANTITY:……………….. ..50KGS (TO BE SUPPLIED AS FIRST TRIAL) PURITY…………………… .92.5% (Pure Gold) QUALITY:…………………. 23.69k ORIGIN:………………….. … GHANA. PRICE PER KG……………$37,500 USD Payment Terms: The Buyer will pay 10% value of the Gold for the shipment and export documentation cost of the total value of the goods that will be delivered to his/her refinery, then seller will make all the local transit cost to agent office for the documentation before shipment. Meanwhile I have to inform you that the mining site belong to our royal family which necessitated you will meet every member of my family on the date and time of your arrival here in my country or you can let us ship the quantity you may ask us to have the contract with. kindly reply to enable us have your gesture in assisting us acquire a modern mining equipment that will boost our production. you can email me on yahoo :thomi_white@yahoo.com
Thanks
Regards,
I’ve put up a good guide to buying gold and silver at the below link, including what products are available and the best places to find the best prices.
http://www.sunnahmoney.com/buyers-guide/united-arab-emirates/
Its like you read my mind! You seem to know a lot about this,
like you wrote the book in it or something. I
think that you can do with some pics to drive the message home a little
bit, but other than that, this is great blog. A great read.
I’ll definitely be back.
I am writing to you at this time to advertise the availability of our main product, alluvial gold and diamonds in bulk quantities. As we represent a large number of local surface mining, we are prepared to provide quantities of up to 400 kilograms of 24.karat alluvial gold monthly.
Following is information concerning our product:
DIAMOND PROCEDURE
D-E VVS1
D-E VVS1/VS1
F-G VVS1
F-G VVS1
G-H-I SI1
H-I VVS1/SI1
F-H-I VVS1/VVS 2
F-G-H SI1
G-H VS1
G-H-I VS1
G-I VVS1/VVS 2
F-G-H VS1
F-G SI1
G SI1
G-H VS1
H SI1
—————–
VS1-VS2; D
VVS2- VS2; E
VS1-VS2; H
VVS1- VVS2; IF
VS1-VS2; D
VVS1 – VS2; IF
VVS1 – VVS1; G
—————–
G-H-I SI
H-I VVSI/SI
F-H-I VVS/VVSI
we have more… we only deal real buyer not fake buyer.. Buyer need to come and inspect what he is buying .. This parcel produce in West Africa, viewing is in ghana .. We don’t deliver this parcel to any stranger.
send us LOI or bring your buyer for conference …if you are buyer mandate you don;t need to be worried your buyer paying for your services, my seller paying for my work..
I have enough releasing procedure most of the jokers brokers they cut and paste our information..
i will be the one to screen your buyer whether he would meet our simple procedure or not. We don’t bend seller procedure.
.GOLD PROCEDURE
Following is information concerning our product:
Quantity: 400 kilograms available monthly
P $38,000 per kilo
Quality: 22. karat alluvial Au
COMMODITY … … AU DUST
PURITY ………. 97.87%
QUANTITY … . 200 KILOS (1st DELIVERY)
ORIGIN … .. GHANA
DELIVERY … WITHING 5 WORKING DAY UPON RECEIPT OF SHIPPING FUND
Assay reports provided by SGS Laboratories, Accra,
Our firm is in possession of the Gold Export Certificate issued by the Government of the Republic of Ghana necessary to export gold from Ghana, thus we can provide service to any part of the world.
We are prepared to offer the quantity of gold required to the Buyer [or their representative] We are waiting to serve you better
PROCEDURE
1) Buyer pay 3% of the cost value to enable seller to finance the shipment to buyers refinery together with sellers agent and representative for the final test at the buyers destination. After the final test of the assay report then buyer have to pay the rest of the money within 48hours
2) Seller and Buyer is entitle for 12 months contract. Buyer will issue SBLC as a guarantee to our financials to enable us know we are secure after we deliver to Buyers refinery seller is entitle to send his verbiage for the SBLC and if Buyer is satisfy with the sellers verbiage then Seller and Buyer can sign contract and start supplying
3) Buyer can send his or her representative here in Ghana to inspect the product and test it to the buyers satisfaction. then Buyer pay to Seller within 72hours
Please check this 3 options of our GOLD procedure and if you are okay with it we can move this business forward as partners and long term as well.
Yours Truly
Richardson
Email….gabinetgoldmining@gmail.com
I am writing to you at this time to advertise the availability of our main product, alluvial gold and diamonds in bulk quantities. As we represent a large number of local surface mining, we are prepared to provide quantities of up to 400 kilograms of 24.karat alluvial gold monthly.
Following is information concerning our product:
Quantity: 400 kilograms available monthly
P $38,000 per kilo
Quality: 22. karat alluvial Au
COMMODITY … … AU DUST
PURITY ………. 97.87%
QUANTITY … . 200 KILOS (1st DELIVERY)
ORIGIN … .. GHANA
DELIVERY … WITHING 5 WORKING DAY UPON RECEIPT OF SHIPPING FUND
Assay reports provided by SGS Laboratories, Accra,
Our firm is in possession of the Gold Export Certificate issued by the Government of the Republic of Ghana necessary to export gold from Ghana, thus we can provide service to any part of the world.
We are prepared to offer the quantity of gold required to the Buyer [or their representative]
best regards
Mr Ansu Agyei
Email…..gabinetgoldmining@gmail.com
Good afternoon I contact you regarding gold
powder. I am the manager of a trading company based Cotonou (Benin),
West Africa and my company now with us a significant amount of dust
22 carat gold and a purity of 96% to more than 98. We are looking for
Buyers in Europe, Latin America, Asia and the Arab countries. If
According to help us sell all gold dust
also have their share of money at the end of the sale. Contact us for
more details and if you have potential buyers. Contact: E-mail:
monterokodjo2@yahoo.fr
Tel: +22968043370 or 0022968043370
im from pakistan, and i have some gold, i hve heard from someone that if i sell it in dubai it wud be profitable for me? is this true? i mean in Pakistan 1 TOLA Gold rate is around PKR: 61000, and 1 TOLAA Gold rate in Dubai in Pakistani rupees is around 1 LAC 64000..
hi anybody know a price for a gram 18 or 24k today in dubai ??? i would like to visit dubai and bay some gold thanx for answers.
Thank you so much for the useful information.. I also came across this article on How to sell Gold in Dubai : http://gulfstay.com/blog/how-sell-gold-dubai
really good info it was very helpfull
Thanks a lot for this info…what do you mean by bargain? u mean bargain on making charges?
Dear Sir/Madam,
Could you please help me to sort a GOLD buyer who will be ready to buy my
alluvial gold dust?
Please see below the product specifications, as I am ready to offer you sales / representative commission percentage on every sales/supply made.
You will test my goods before you make any payment
PRODUCT: ALLUVIAL GOLD DUST
QUALITY : 22 CARAT,
PURITY : 93%+
PRICE : PER KILO 40,000 USD
Thanks, I await your quick reply at tunubuabdul83@yahoo.com
TUNUBUA ABDUL
Dear Sir
We are looking for a serious co operation
Specifications
Congo granite tile
1.Size:30.5×30.5,40×40,60×60,etc
2.Black,red,grey,yellow,white
3.Top Quality,low price
If you are interested in our products, pls feel free to contact us.
We wish to establish mutually beneficial relationship with you.
Best Regards
Mr Kabongo Alain
email potterchrist@yahoo.com
Hi
I come to dudai 27 Febrery i need price for 1 Grame gold 24 Kand 22 K
if you ave information please givr me
TKS
heenoa@hotmail.com
Ralph
Hello my name is Sai, I live United States. If I want to take 1 kilogram gold from Dubai to India how much amount I should pay for customs, if possible give answer for this question.
Regards
Sai
I have no idea bro.. let`s see if there is any reply
Thank you for your business information may be next year I will go there and see everything