Even if you have no intention of purchasing anything it is an eye opener to wonder down the Dubai Gold Souk in Deira, in the heart of Dubai’s commercial district to browse the shops and view an impossible collection of gold jewellery. Housing over three hundred retailers, it is said that ten tons of gold is present in the Souk at any one time. Expensive items are displayed in shop windows with very little security. Selling everything from gold ingots to all sorts of necklaces, bangles, rings, earrings, brooches and much more in 24, 22, 18, 14 and10 Karat gold, shops are crammed to capacity with merchandise. The local story is that visitors will need shades to avert the glare from so much gold in one place. Different shops specialize in specific types of gold items such as Indian gold, Arabic gold and Italian gold. Designs can be traditional or modern and jewellery can be in white, yellow or even pink and plain or embellished with gemstones. With items to appeal to very taste and purse on the planet and with craftsmen on hand to turn out items to suit a particular tastes or alter a piece, the gold souk has no shortage of visitors day or night. Famed the world over, it is inevitably on every visitor’s itinerary. Haggling in the back alleys of the Souk or in any shop in the Souk for that matter is an experience in itself and possessing a piece thus obtained is more pleasurable. As owning gold is a tradition in many cultures of the region, the souk will have no shortage of customers.
The items and sales in the Souk are strictly regulated and customers are assured of not being cheated either by quality of the product or the quantity of gold in an item although checking the weight and hallmark is always a good idea. High volumes, low markup and no sales tax make Dubai one of the most competitive places in the world to buy gold.
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