Dubai Gold Souk

Friday facts: Dubai Gold Souk

Did you know that in Dubai, jewellery is sold on gold price and jewellers levy a making charge on the buyer depending on the piece of jewellery?

Dubai is famous for its gold souk, which has over 250 gold shops and is also the Middle East hub for the supply of jewellery. It is estimated that one in every five people buys at least five gold items annually. 95% of all gold jewellery sold here is above 21 karat and the rest is 18 karat gold. For the 1999 Dubai Shopping Festival, Dubai made the longest 22 karat gold chain, which measured 4.2 kilometers and was sold to 9,600 assorted buyers who bought it in necklace wear and bracelet size pieces.

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