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Novice advice to buying a gold necklace in Dubai

Adelaide, Australia
13 posts
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Novice advice to buying a gold necklace in Dubai

Hi everyone,

I am in Dubai for a few days and am looking to buy a gold necklace for a relative as Dubai is known to be significantly cheaper than most countries for gold jewelry.

I have been quoted 3000AED for a basic design 18 karat gold necklace which weighs 17.2g. Is this a fair price? I did manage to 'haggle' to this price after a starting price of 3600AED.

Any tips for buying gold jewelry? I have made myself aware of the daily gold price in Dubai but was wondering if there was anything else I should be aware of.

Thanks!

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3 replies to this topic
Here and there
Destination Expert
for Dubai, Pissouri, Protaras, Paphos, Limassol, Cyprus
Level Contributor
47,865 posts
38 reviews
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1. Re: Novice advice to buying a gold necklace in Dubai

I've no idea of the price of gold per ounce at the moment but I'd make 3,000 your guide price and go and try to buy the same thing at a different store for 1,500 dirham and work up from there.

If they let you leave the store then your price is too low - if they call you back there is still a deal to be done

DxB
Destination Expert
for Dubai
Level Contributor
4,399 posts
251 reviews
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2. Re: Novice advice to buying a gold necklace in Dubai

I think 3000 is an okay price. I agree though, shop around before committing.

Dubai
Destination Expert
for Dubai, Bahrain, Saudi Arabia
Level Contributor
3,732 posts
16 reviews
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3. Re: Novice advice to buying a gold necklace in Dubai

Get the price per gram and compare with other shops offering similar.

Ensure its Hallmarked.

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