How To Buy Gold Online?

How to buy gold in Dubai? Help!?

• 1. 'm travelling via Dubai (9 hrs). If I get transit visa, then where should I go to buy gold safely? 2. If I don't, in which shop can I buy gold in the Intl airport? (maybe a few pieces of jwelery and not much) 3. How to bargain outside? 4. What is the average price in Dhms that I should look for? (Tell me, if it is above "this much" on that day don't buy) 5. Is gold jewelery from dubai good or breakable? 6. Should I look for bullions instead of jewelry pieces? 7. Any add details would help. Thanks a ton. Do answer esp with personal experiences.

• Answer:

  First get a transit visa. If flying with Emirates, a transit visa will be provided by the Airline. Otherwise you have to approach the Marhaba Service to obtain a 96 hrs. visa. 1. You can take a cab and visit the gold souq where you can bargain. 2. You can shop in any jewelery shop at the Airport. No bargain there, but you can ask for a "special discount". 3. Example: seller says Dhs 1.000, you say 700, then the seller will tell you a price lower than Dhs 1.000 and you will raise your offer, and so on until you'll meet on a price acceptable for both of you. The seller always will make his profit, so don't worry. Most important: never let the seller know how bad you would like an item. Act like you would leave the shop and the seller may come after you with a better offer. 4. There is no average price. Sellers will go by the actual gold price of the day. You can check the actual price at the business part of the daily. 5. You'll get what you pay for. 6. If buying gold as an investment, then yes. 7. By buying a gold barren, you pay the actual price + commission. By buying jeweleries, you also pay the price of i.e. stones, ornaments etc.