What
The Dubai Gold Souk, located at the Deira side of the Dubai Creek, is the ultimate shopping destination for gold hunters. One can find gold bars and gold jewelry, as well as platinum, silver, diamonds, and other precious stones at this souk. The shops are under strict government control to ensure that all purchases are genuine.
The Dubai Gold Souk has over 300 retailers that offer 10 tons of gold at any given time.
Why
The Dubai Gold Souk is where you can buy the cheapest gold in Dubai.
Even if you’re not out to buy gold, a stroll around the market is a must if only to marvel at the intricacy of some of the gold pieces on display.
A trip to the Gold Souk is also the perfect way to enjoy an authentic Arab market experience. Take in the hustle and bustle of a traditional marketplace with all the dazzling display of gold and precious stones amid a cacophony of music and vendor calls.
The art of haggling
Always haggle to get the best price for your gold. As a useful tip, start bargaining at 50% off and haggle your way around until you get a good price that you are willing to pay for. Some vendors are willing to give as much as a 30% discount! The more you buy, the higher chance you have of getting a good price cut.