Overview:

The Dubai Gold Souk is a traditional market and one of the oldest and most famous souks (or bazaars) in the United Arab Emirates. The souk is located in the heart of Dubai’s commercial district, Deira, in the locality of Al Dhagaya. Originally a small trading post, the Gold Souk is now one of the largest and busiest gold markets in the world, populated with more than 300 retailers who offer both traditional and modern designs, normally at very competitive prices. The range of gold offered is unparalleled in terms of quality, selection and value. You can learn history, culture, and heritage through these magnificent monuments in UAE
Prominent Features:

1. The world's largest selection of gold & jewelry: The Gold Souk in Dubai is renowned for offering one of the widest and most impressive selections of both traditional and contemporary gold jewelry. 2. Low pricing: The Gold Souk is one of the most popular places for buying gold in the Middle East. With its low prices and no VAT on gold in the UAE, it is easy to understand why it is a favorite destination for buying gold in the region. 3. Traditional and modern designs: Whether customers are looking for the classic 22-karat Indian style gold jewelry or modern international designs, Dubai’s Gold Souk offers a variety in both. 4. A tourist hotspot: With its bazaar of enticing jewelry shops, the Gold Souk is a popular destination for visitors to Dubai as well as for locals. It’s an experience that offers a glimpse into the diverse cultures and stories of the people of Dubai. 5. 24-karat gold available: Many of the Gold Souk’s goldsmiths sell pure 24-karat gold, one of the rarest forms of gold jewelry available. This national monument of UAE portrays the history and culture of the country.

History:

The Dubai Gold Souk, located in the commercial center of Dubai, is the oldest and most iconic market in the city. The souk, or market, dates back to the early 1900s, when traders from India, Iran, and Saudi Arabia first established the area as a trading hub. The souk quickly grew into one of the largest gold markets in the world, making a name for itself as a major supplier of gold in the Middle East. Over time, the souk developed a reputation as a luxury destination for shoppers from all over the world, and is now home to hundreds of vendors selling gold jewelry, watches, and coins. Many of these items are made of pure gold, ranging in age from antiques to contemporary pieces. The selection of jewelry ranges from trinkets to exquisite pieces fit for a king, and tourists can even buy gold bars from some of the vendors. While the cost of gold has increased over the years, the market offers attractive prices and a vast selection of items, making it a coveted shopping destination in Dubai. You must visit one of these historical places in UAE on your UAE tour

Interesting facts:

1. Dubai Gold Souk is one of the largest gold markets in the world. It has over 400 vendors who sell gold of all shapes, sizes, colors and qualities. 2. The merchants in Dubai Gold Souk are mostly from India, Pakistan and Iran, but there are merchants from other countries as well. 3. The majority of gold products sold in the Dubai Gold Souk are 22-karat gold, and most of the gold is stamped with a logo. 4. The Dubai gold souk was founded in 1957 and remains one of the only places in the world where you can buy and sell some of the purest and finest gold in the world. 5. Gold from the Souk is not only sought after by wealthy tourists or home shoppers in Dubai, but also wealthy buyers from around the world, including Russia, South Korea and China. 6. Dubai’s famed Gold Souk covers an entire long street and forms the city’s most popular and busiest market. 7. You can buy gold coins, bars and jewelry of all varieties, colors and sizes at the Gold Souk in Dubai. 8. Jewelry is in high demand not only for couples, but also for other special occasions like weddings and anniversaries. 9. The prices of gold in the Gold Souk of Dubai fluctuates with the international gold market. Visit one of the famous monuments of UAE with your friends and family.