The Dubai Gold Souk is also known as Gold Souk which is the biggest traditional market to buy the gold at best price. It is known to all of us that Dubai is one of the most attractive tourist centers on the planet right now. The visitors come here for enjoying the deserts, the resorts, and adventure parks, as well as the shopping hubs. The reputed gold souk in Dubai is considered to be one of the biggest gold markets in the world at present. This souk which is located in Deira happens to be the most reputed and well-known tourist center in the city, thanks to its remarkable designs and quality of gold. It is a fact that there are more than 350 jewelry retailers and traders right here and the market is restocked with approximately 10 tons of gold on a regular basis.
Importance of the Gold Souk
Also referred to as the Gold Mall, this awesome souk is known to present the intricate work detail and attractive craftsmanship of the work performed by the goldsmiths. You must make sure to pay a visit to the souk irrespective of whether you are planning to buy some jewelry or simply do some window shopping. Here, you will be able to witness some wonderful and selected designs of gold as well as other valuable metals. Situated quite close to the well-known Old Souk Marine Station, the gold souk comes with lots of authorized and registered gold outlets along with several stalls and kiosks.
This souk mentioned here is known across the globe and its name has been mentioned in the Guinness World Record Book too! The biggest and heaviest ring in the world with a weight of 64 kg with a large 5 kg stone resting on it will be found right here. It is a fact that lots of visitors tend to visit Dubai these days mainly for its flourishing gold industry with all types of exquisite designs plus gold varying between 18 karats and 24 karats.
What to purchase from the Golden Market?
The gold souk is packed with ornaments and jewelry along with small souvenirs as well. Apart from gold, you’ll come across many other precious metals and stones such as diamonds, silver, sapphires, emeralds, rubies, and so on. Here, you will have the opportunity of purchasing an extensive array of bracelets, watches, earrings, rings, necklaces, as well as religious sculptures.
It will be possible to purchase gold coins, bars, biscuits, and cards right from the gold souk right now. Moreover, the good thing is that you will be able to repair any broken jewelry pieces from the booths and shops scattered across the streets. Furthermore, you can also buy identical readymade gold items from the outlets and customize them according to your own preference and taste. It is likewise feasible to spot decorative items and clothing made of pure gold right here.
Although you might not want to purchase gold products from the souk, it’ll be really interesting to visit this place since there are many different and intriguing things to perform right here. It is a wonderful time when you will be encircled by so many valuable items in that expensive yellow metal.
Interesting facts about the gold souk
Was it known to you that the Star of Taiba was hosted by the Dubai Gold Souk? The Star of Taiba is considered to be the biggest ring on the planet at present. The cost of this ring is approximately $3 million right now.
You will likewise come across a gold ATM here in Dubai Mall where it is possible to obtain gold coins, medallions, and bars in exchange for cash. This is really quite surprising to hear in the long run.
You might be wondering whether there is any gold festival in the city of Dubai. In that case, you are almost there. It is a fact that every year the souk takes part in providing giveaways for purchasers at special prices during the shopping festival. Consequently, it might be a sensible idea to purchase some gold ornaments and jewelry at this time of the year while you are in Dubai.
Essential tips for visiting the souk
- It will be possible to choose from a huge range of jewelry from over 300 retail outlets that are eager to assist you in case you become confused.
- The souk happens to be amongst the safest locations to purchase authentic and pure gold at discounted rates in case you make some bargains.
- Be careful of the street vendors selling gold and other precious items. This is because they might sell gold at more inexpensive rates without sticking to government regulations and rules. Therefore, you cannot tag them as authentic in the long run.
- Take lots of time to choose any piece of jewelry and try to find out more designs after roaming around.
- Make sure to stick to the authentic retail outlets in the gold souk for getting the best results.
How is it possible to get to the gold souk?
The gold souk in Dubai is only 8.6 km away from the Dubai International Airport and you can cover this in approximately 15 to 20 minutes. This can be done by getting hold of a metered cab from the airport. Besides this, you can also go for a boat ride from the Al Ras Metro station so as to reach the gold souk as well. Otherwise, it will also be a sensible idea to go for a walk through the old markets from the Khalid Bin Walid Metro Station and then go for a boat ride from the Bur Dubai Creek Abra Station. A bus can also be taken from Union Metro Station to reach the destination.
Best time to visit the souk
The weather is quite pleasant in Dubai from November to March which happens to be the main tourist season out here. At this time of the year, visitors flock in huge numbers to the location and they spend a hectic time during the entire day. However, the price of gold is not affected by the number of visitors at this location; nevertheless, you can make an attempt to bargain with the vendors for providing you with some discount if possible.