How to Buy Gold in Dubai — The Complete 2026 Guide
Dubai is one of the best places in the world to buy gold — with zero import duty, the world’s largest gold souk, and some of the most competitive prices on the planet. But knowing how to buy gold in Dubai correctly can mean the difference between a great deal and an overpriced purchase. Follow this complete guide before your next gold shopping trip.
Step 1 — Know Today’s Gold Rate Before You Go
The Dubai Gold Rate is set by the Dubai Gold & Jewellery Group and is the same across all dealers. Check the live rate on this page before you go shopping — this is your benchmark. No dealer should charge more than market rate for the gold weight; the only negotiable part is the makting (making) charge.
Step 2 — Choose the Right Karat for Your Purpose
- 24K (99.9%): Investment gold — bars, coins, bullion. Best for storing wealth.
- 22K (91.6%): The best choice for most jewelry — high gold content with good durability.
- 18K (75%): Best for diamond jewelry, white gold or rose gold pieces.
- 14K (58.3%): Budget jewelry — less gold content but very durable.
Step 3 — Go to the Gold Souk (Not the Mall)
The Deira Gold Souk consistently offers lower prices than mall jewelers. With 380+ shops in one area, competition keeps prices honest. Allow 2–3 hours to visit multiple shops and compare.
Step 4 — Ask for the Price Breakdown
Always ask the jeweler to state: (1) The gold weight in grams, (2) Today’s gold rate per gram, (3) The makting (making) charge per gram, (4) VAT. Calculate these yourself using our gold calculator to verify the total. Any honest dealer will show you this breakdown without hesitation.
Step 5 — Negotiate the Makting Charge
You cannot negotiate the gold rate — it’s fixed. But makting charges are always negotiable. Standard souk rates are AED 3–10/gram for plain jewelry. Don’t pay more than AED 12/gram for anything except the most intricate handmade pieces.
Step 6 — Check the Hallmark
Look for the DCC (Dubai Central Laboratory) hallmark stamp and the karat mark (22K, 916, 750 for 18K) on every piece before purchasing. No hallmark = walk away.
Step 7 — Keep Your Receipt
Always get an itemized receipt showing weight, karat, rate, making charge, and total. This is required for customs declaration and tourist VAT refund at the airport.
Best Time to Buy Gold in Dubai
Gold prices fluctuate with international markets. Generally, prices tend to be lower during periods of USD strength and geopolitical stability. Set a price alert on this site to be notified when Dubai gold hits your target price. Historically, early mornings (before international market moves) and off-peak months (April–June) have seen slightly lower prices.