10 Tips for Buying Gold in Dubai

  1. Check today's gram rate before you walk into any shop.
  2. Negotiate the making charge, not the gold rate.
  3. Compare two or three shops, especially in the Deira souk where they stand side by side.
  4. Ask for the piece to be weighed in front of you, with stones excluded from the gold weight.
  5. Check the hallmark: 916 for 22K, 875 for 21K, 750 for 18K.
  6. Get a tax invoice showing weight, karat, making charge and VAT.
  7. Pick the right karat: 22K for traditional pieces, 18K for fine designs and stone settings.
  8. Think in tolas if you prefer: one tola is 11.66 grams, and this site shows the tola price for you.
  9. Ask about the VAT refund if you are a tourist.
  10. Check your home country's customs rules before travelling with a large amount of gold.

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