Dubai is known for its gold. And it is not surprising that tourists, as well as residents, love buying gold there. Thus, if you are someone who is interested in buying premium quality gold jewelry and products, then you must visit the renowned Deira Gold Souq in Dubai. Living up to its name, the gold market in Dubai offers several different buying options to customers. However, before you go on a gold shopping spree there are some things that must keep in mind when exploring the market and purchasing gold.
The Price of Gold Fluctuates Daily
The international rates of gold determine the price of gold in the Gold Souk. Hence, you must remember that the price can change every single day as the rates keep fluctuating as per the demand and supply and other trends in the global market.
There Are Several Different Shops
You have the option of visiting several different gold shops in a day. However, remember that you must only make a purchase from a reputable shop. How would you locate such a seller? You may read reviews online and choose a store accordingly.
There Are Well-Defined Working Hours
The market is open for customers during particular hours. Hence, it is advisable to plan your visit after the evening on Friday because it opens after the afternoon prayers. You need to schedule your visit accordingly to purchase gold items.
Charges Also Depend on the Store’s Position
One of the vital aspects of shopping for gold in Dubai that should be noted is that the store might charge the customers according to its position in the market. If you explore a little more, you will be able to grab a sweet deal as long as you purchase gold from one of the shops located in the very nook of the market.
Have an Understanding of the Different Types of Gold
Different types of gold are available in the market. Thus, it is important to have an understanding of the kind of gold you’d want to buy. You can purchase items made from 18k gold or even ornaments made from 14k gold.
Be Obstinate About Your Budget
As a customer, it is important that you remain stubborn about your budget. There should be no doubt about the amount of money you are willing to spend on the purchase.
All Shops in the Market Offer Trademark and Warranty
When you purchase a gold ornament from any of the shops in the Gold Souk in Dubai, make sure to check the warranty as well as the brand trademark of your gold product. Generally, such attributes can be expected from most shops operating in the market.
Visit the Market
You can check the internet by typing the words ‘gold price in Dubai today’ and determining the budget for your gold shopping in the Gold Souk of the city. Visit a top-rated seller in the competitive market and bargain on the prices of the gold products you want to purchase.