The Dubai Gold Souk is one of the most unique gold markets in the world with arguably some of the most competitive prices globally. You can bargain and negotiate with sellers, making it an exciting experience. Many shops can create custom pieces and also sell precious gems and stones.
Subscribe to Gulf News on YouTube and watch more of our videos: https://www.youtube.com/user/GulfNewsTV
See more videos at https://gulfnews.com/videos
Read more Gulf News stories here: https://bit.ly/2HLJ2km
#Dubai #gold #UAEnews
Subscribe to Gulf News on YouTube and watch more of our videos: https://www.youtube.com/user/GulfNewsTV
See more videos at https://gulfnews.com/videos
Read more Gulf News stories here: https://bit.ly/2HLJ2km
#Dubai #gold #UAEnews
Category
🗞
NewsTranscript
00:00Dubai is home to glistening skylines and incredible luxury but if you're looking to experience the
00:07real Dubai, then you need to visit one of Dubai's oldest and most incredible souks,
00:12the Dubai Gold Souk. The Dubai Gold Souk is a traditional market in the heart of old Dubai,
00:18located just by the creek. This market mainly sells gold, silver and precious stones. You'll
00:24find the odd seller of handbags here and there but this is the best place to buy gold in the UAE,
00:29especially since you can bargain and find some great prices. The souk is home to over 300
00:36retailers. Some have been there for over 40 years while others have just set up shop a couple of
00:42years ago. The Gold Souk is located in Al-Ras Dera near the Dera Korniche and Baniya Square.
00:48The closest metro station is the Al-Ras station. Although most stores are independent and can open
00:54and close when they choose, most of the time stores will operate from 10 a.m to 10 p.m. Some
00:59stores however are closed between 1 p.m and 4 p.m. The prices you will get at the Gold Souk are some
01:05of the most competitive in the world but that also depends on the daily gold rate, which tends
01:10to fluctuate. So before you go, make sure you check out the daily gold rates. Most places charge per
01:16gram and others per carat. If you want to get a great deal on jewelry, you'll have a better chance
01:20of finding it here than in any mall jewelry store. The Gold Souk needs to be seen at least once by
01:27everyone who is visiting or lives in Dubai. It's been around for almost a hundred years,
01:32definitely worth a visit. So make sure you check out the Dubai Gold Souk to experience the real Dubai.
01:50you