How To Buy Gold in Dubai… and Check It's REAL! (Avoid Scams)
ฝัง
- เผยแพร่เมื่อ 14 พ.ค. 2024
- Do you know how to buy gold in Dubai and not get scammed? I'll show you, plus, how to test your gold at a lab to check that it's real.
Dubai is known for its luxurious shopping experiences, and one of the most sought-after items is gold jewellery. But with so many stores selling gold, it can be overwhelming to know where to buy and how to ensure that the gold is genuine. In this video, I'll show you everything you need to know about shopping for gold in Dubai and avoiding scams!
Check my blog post for links to the gold testing centre and 0% making charges mall blog.karlrock.com/how-to-buy-....
Is Dubai actually cheaper? What do you think? Here's what I spent on 1 pair of earrings:
Gold weight: 6g
Gold value: 1343 dirhams
Making charge: 277 (20.6%)
Tax (VAT 5%): 81 (69 tax back at airport)
Total: 1701 dirhams (with tax back: 1632 dirhams).
I think it works about the same price as India if buying designer pieces.
00:00 How to safely buy gold in Dubai
00:24 What are gold hallmarks?
00:52 Don't trust street scammers
01:18 How to save money on gold
01:51 Benefits of shopping for gold in Dubai
03:21 Is it safe to buy gold in Dubai?
04:12 How to get your tax back in Dubai
04:40 Mall with 0% making charges
05:58 We met a gold smuggler
06:39 How much gold can you take to India?
06:51 How to get gold tested in Dubai
07:42 Is gold actually cheaper in Dubai?
08:16 Gifting gold to mother-in-law
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#dubai #gold #jewellery #goldsouk #scams #scammers #scam #jewelry #uae #shopping #markettour
Next, I called Dubai's infamous massage cards! 🔞 th-cam.com/video/zTyHOa5rrgI/w-d-xo.html
*Is Dubai actually cheaper? What do you think? Here's what to spent on 1 pair of earrings:*
Gold weight: 6g
Gold value: 1343 dirhams
Making charge: 277 (20.6%)
Tax (VAT 5%): 81 (69 tax back at airport)
Total: 1701 dirhams (with tax back: 1632 dirhams).
I think it works about the same price as India if buying designer pieces.
Check my blog post for links to the gold testing centre and 0% making charges mall blog.karlrock.com/how-to-buy-gold-in-dubai-and-test-it/
Thanks for the heart on my comment
😂 you're videos are scam's 😂😂 you're the biggest scammer ❤🎉
Not worth it then
While Dubai itself is a new city, This area of Dubai and Gold souk, Spice souk and textile souk are centuries old. They are mentioned by Portuguese travellers from 1508. Dubai has also traded with India for centuries.
Jusst like you got scammed by your wife for a citizenship abroad. Shame on such Indian girls. Do you ever think why she married you and not someone out of the 150 crore Indian population
Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20%, any recommendations to scale up my returns on investment
Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.
Do you mind sharing info on the adviser who assisted you? I'm 43 now and would love to grow my stock portfolio and plan my retirement
Sonya lee Mitchell is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
This is so helpful and informative! Will watch it again as a reminder before visiting Dubai 🙆🏻♀️
Great information Karl, thank you, it's also nice to see your better half with you as well, you both make a good team, take care. :)
bro you are amazing im watching your videos 5 days now in a row !! keep going this good videos and keep us safe
Love the high quality vids Karl keep it up ❤
Thank you for always bringing up such informative vlogs.
Karl you are amazing bro. Keep doing this and sharing your helpfull information making the world a better place !
The end made me grin from Maori ear to ear my bro, I LOVE this!
That was my fav part ❤❤❤
Thank you Karl for the information. Im planning to travel to Dubai in 15 days I can't wait!!!!
Eagerly waiting. You're awesome Bro👍
The owner you spoke to - I've been buying from his stores for over 10 years and they always have (for me) the best quality jewellery. I know another owner who I also started purchasing from around 7-8 years ago when he had 2 small shops but now operates 16 stores around Gold Souq. The only thing you have to be careful with is when it comes to selling. Most shops will say there is a difference between the buying rate and the selling rate, but this is rubbish. The gold price is the same globally, so why should they offer you less than spot price when selling? The shops may say it's to lessen their risk in case the gold price falls the next day, but at the end of the day, that is a risk. What if I offered them less than spot price for buying because the gold price 'may' fall the next day, would they accept it? Of course not! So just be careful here and ensure they give you at least the global spot price when selling or trading in old gold. Oh and also, I always take a pair of over ear headphones as not to get inundated by the people that constantly approach you that try to sell you fake watches, handbags, t-shirts etc.
Hi thank you for the info.
What is the name of the shop where you made good experience over the years? Does he also have gold pars with 10,20,50 grams etc.?
@@JannikKaemmerer Kanz. Yes they stock all bars. They have multiple stores so try and find the one that Karl visited.
Can you name the shop?
@@travelbee6606 Kanz. They have multiple stores so try and find the one that Karl visited.
Love your video's! They are always helpful 😊
Ah, its so nice that one of your subscribers gave you these "insider" tips and helped you save money 😊
Being in the industry couple of things to mention. First is the making fee, lot of the time it may be very little to nothing on the machine made items however if you have anything detailed hand made or custom made you will have to pay the making fee. Secondly, the authentication I can tell you that bars can be fake no acid, machine or weight can detect the fake bars we often drill holes in them if they dont come from our trusted suppliers. However small jewellery can be authenticated by the machine.
Appreciate all the hard work you’re doing by sharing your experiences with us. This video will definitely help when looking to buy gold in Dubai.
Life comes at you fast, from bank collapses to rising conflicts and the looming 2024 recession. Ditched cash for gold and crypto; my portfolio's thriving.
What a kind gift to her. What a good son you are.
HE IS A SIMP 🤣
Nice one Karl - heading to DUBAI next month and the Mrs is after some gold necklaces - thanks very much
Thank you bringing us this authentic buying guide from Dubai Karl, you videos always rock. We plan to go to Dubai oneday and I am sure my wife will want to shop some gold, it is great to know all the information you just presented in this video. Cheers from USA, Michigan
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Keep up the great videos karl bia👍💯✌
Thanks Karl very informative video and will help on my trip in March 👍
love this vid another great one thanks Karl
Awesome video Karl, lots of useful information. 👍
Very informative guys 👏🏻 👏🏻. I'll be in Dubai in January and this is gonna be helpful
Really sound advice,
A couple of other variables in travelling with gold to India-
24c unmarked jewellery - chains and rings - ( it does raise eye brows with bullion dealers in India see pure gold jewelry- and another viable method are 8g minted coins " sovereigns" and the occasional Britannia/ Eagle/ maple.
I am a Dubai resident. I just want to say happy uae National Day 🇦🇪
The earrings looked lovely on your mother-in-law and her smile made me smile. Thank you for all of your videos!
Yes!!!! My fav part of the video ❤❤❤❤❤❤❤❤❤
Excellent video as always Karl and your lovely wife, much appreciated ❤🙏 hi from Holland
very informative, thank you! 🙏
I am also visiting in December.. thanks for this video.. you guys are such adorable couple. Love from London
Karl, I love that bit at the end with your Mother in law ❤
Hi Karl Rock, could you do a video on tourist trap in Abu Dhabi? There's a place called miraj art gallery which claims to be an art museum, and people are usually brought in by their drivers or tour guides, but once you're inside they will show you carpets "made of gold" and eventually start selling them to you. They will also tell you not to take photos for "fear of imitation"... Eventually they will also try to sell you watches too...
It's frightening too, cos when I look at Google maps, around that area are other "art galleries" but they sell the exact same things...
I have always bought gold chains from the suk. Brought back to Australia and sold a few years later for a profit. Gold centre is the place I buy gold from
Great info karl,stops them ripping us off
Thanks for the beneficial information. The gift to your Mother-in-law, that was nice.🙂
Excellent Vlog. We came to Dubai last May from Liverpool UK.
We never went to the Gold souq but are returning this September for our wedding anniversary and my wife does want to visit the gold Souq this time.
I heard you say you can get the tax back on goods at the airport. Now is that on all goods or just Gold products.
Keep up the great work 👍👍👍
This is a great way of making people aware
Thanks! I’m really happy with how this video came out 😊
The camera upgrade was worth it bro. Every shot looks accurate and focus is spot on! Loved the tour too ☺
Yeah! It's a Panasonic S5 Mark II for those wondering.
Love the video Karl.
Bro Great Vlog, I am also going to cover this area soon.
Was here yesterday. Doing much research now that I know how the souqs are set up
your videos are the best
Hey Karl, it would be awesome if you could do a video on bringing gold and/or jewelry into india. What are the rules, what kind of documentation do you need and so on.
you've got the head bobbing on point, a true Indian citizen.😂
When I see mother in law smile. It made me smile also. She loved the gifts. Nice work
Really wanna see you do a Bangladesh series, full country tour and not just of Dhaka and its smog
I love your videos!
All kalyan jewellers stores have something called a carat meter which checks the purity of gold in your jewelry through spectrophotometer.
My wife will find this helpful, she's obsessed with dubai gold, we're going there this December 😂
Awesome. Enjoy! Food is the best thing in Dubai, you can try everything from all over the world.
Me too thinking 😅
My wife just loves cocaine…..
Just open an online pawn shop and get gold from people for way less!
Nice that you going with your anime girl❤
Best videos ever!
i have been watching you since i got scammed by the POOP man on my visit. I love how evolved the journey has been. Camera upgrade was well worth it!!! can't wait for more.
The gold souk is def an experience. Lots of scammers and people trying to draw you in.. but it's a pretty cool place with some friendly faces. Hope you enjoy!!
Need to buy gold in abudhabi
Abu dhabi is a good one yes@@SwordsofIslam-fc5li
Very usefull video for me.thank you
What a precious son in law you’re.❤❤
Love your work Karl. Hope to bump into you someday and buy you a coffee.
PLEASE DO A MEETUP IN DUBAI!!!
Your Mother in law is beautiful wearing those ear rings you got her. GREAT VID!
Beautiful video 🤗
While Dubai itself is a new city, This area of Dubai and Gold souk, Spice souk and textile souk are centuries old. They are mentioned by Portuguese travellers from 1508. Dubai has also traded with India for centuries.
Karl shakes his head when he is talking means he’s 💯 indian now 🎉
Gold in the Arabian Gulf is real, but in Europe and America. You need to test it and investigate a test on it man Muslims, don't cheat😅
It's not typically hallmarked, so doesn't get a good price when re sold in Europe.
Karl can you recommend the shop with zero making fee that are trusted? Thank you
Nice information video
Can u guess any good show of gold purchase without making charges..
Thank you brother 🎉🎉❤❤❤
How can you be allowed to try on pierced earrings? Do they sterilize them afterwards?
I've wanted to visit Dubai but I heard from my Desi American friends who were there that they experienced discrimination by SOME locals, presumably due to the large number of laborers being South Asian or Filipinos. Did you find this to be the case?
Yes definitely Arabs are very racist
Dubai is a very bad city don’t go. They practice slavery
U look a beautiful couple proud hubby at his best appreciate your content ❤
Your mother-in-law was as happy as a child with your gifts. You obviously nailed it. 👍🏻
She would’ve been happy with any gift, it’s the thought that counts
Hey Karlrock! I live in Dubai I really want to meet you so can you do a meet&greet?
Beautiful designs ❤
Pls share name of the shop you purchased the ear ring from?
Three days ago I was there purchased gold first time in my life. Exactly from the same shop as you did. I’m really happy and satisfied with the purchase. It was an amazing experience
What was the shop’s name?
@@anulagurung kans
Some point to note. Evening hours there is hardly anyone at vat refund counter in dubai airport so come airport in early hours if you want to claim all your vat refunds.
Tanishq gold price in India is very high 😢😢😢😢😢.
Even the gold bar price is very high 😢😢😢
A very informative video! Imagine a world with no TH-cam, there would be no ways to create awareness this easily.
Yes exactly
Hi Karl. A bit of information you missed out was that you can only bring gold worth Rupees 50,000 or 1,00,000 only when you have lived more than one year abroad. This is according to the Customs Law in India. If you come back to India within a year then you have to pay a duty of 44% on your gold items. Hope that helps
WHAT! You gotta be kidding me. Thats not even 10 grams worth.
can vouch
Karl i really admire and respect you for the brave efforts you have made to expose the various types of scams in india...your videos are interesting + informative
what is the shop name you bought the gold from?
Been there myself. They have super cheap gold in the bazar. But yes need to be careful
come to vadodara again for uttrayan in january brotherr
What's the name of the store you bought at? I'm heading there tomorrow and need a trusted store to buy at
You two are so cute. All the best from Vancouver Island.
This ones for Manisha... your hair is amazing!! I'm.at the awkward stage of growing but you've inspired me to.perserve. If I end up with hair half as good as you I'll be over the moon 🌙🐄
I always buy gold from this shop karl one jharkand boy is there he is really nice and that boy in your video too
I wanted to buy some gold at the Dubai international airport as i was passing through is that a safe move or?...
Really good 👍
Your wife reminds me of Linda Cardellini. Anyway this was a really informative video, thank you
How much may I ask were the earrings
Can I take a gold bar to the U.S.? Is the rule one that India implemented or is it a UAE Law?
Don't let
them take it into the back to wrap ,,it up you will end up with gold covered lead 😮
A very happy National Day to all UAE residents & Emiratis ❤️🇦🇪
8:26 what dish is that? looks so crispy, I need it 😄
It's called Pude, I made a video about it too th-cam.com/users/shorts2J5e0ziMXDc
I saw that attempt of staying lower then you mother in law, I always do the same thing for my wifes father (sadly never met her mother) every time in Thailand.
4:54 damn, the owner recommended another store aside from his store
Usually the 0 making changes are used gold. Though they're already used , they're still pretty.
7:04 - Its hilarious that one of the convicts wore a 'TRAP' t-shirt 😅
So the best way to check gold it’s buy doing a density test on a machine measured the weight on air and on water your get really accurate reading … and then you use xrf machine to double check your reading you don’t use the acid test anymore all the Jewelry store in my country have mandatory’ a xrf machine and density machine they always check it in front of you before buying so you don’t have to take to another place even small shop would have them make more trustworthy to invest with them
Is it cheaper than nz? 😮
Perfect couple!
What about buying inside Dubai airport?