Why should we buy Gold in Dubai? With Eng subtitles!

Why Should We buy Gold In Dubai? Greetings to all the viewers Welcome to our Sri Sai Studio Dubai is a beautiful city It is a heavenly place for all the tourists Al the tourists visiting dubai will go through a sight seeing including Burj Khalifa and desert safari and many more tourist attraction sites tourists will enjoy the beautiness of this city they love to do shopping at the end of their trip and will make sure that they give high priority to purchase gold They have a reason to do that Going further into the details As per the population statistics of UAE 2016. total of 9.2 Million out of which 2.6 million of indians ranks at the top As evident from the above data, UAE is home to 2.6 million Indians, 1.2million Pakistanis followed by the UAE population which is at 1 million A number of expatriates settled in the country prior to independence A number of expatriates settled in the country prior to independence The UAE is home to over 200 nationalities. making UAE home to one of the world’s highest percentage of immigrants. Dubai is known as the “City of Gold” in all parts of the world and have made a great reputation in the gold market in the Middle East. A trip to Dubai means that you will buy definitely some great quality of gold every year about 95% foreigners buying gold in Dubai on their tour to Dubai The city of Dubai has become popular for the superiority of the gold that can be found here. The marvellous metal has been one of the emirate’s earliest objects of trade. Clearly the gold trading hub of the Middle East and India region today, Every year Dubai imports on an average Five hundred tons of gold. It is one of the biggest physical re-distributors of gold, and the fastest developing gold centre in the world Dubai became the biggest transit city for gold in the world as 40 per cent of the global physical gold trade passing through the city . Dubai is a strong economic emirate In UAE today and considered one of the best shopping gold and vocational destination In every single day 10 tons of gold trading is done in Dubai. There is another strong reason that people prefer to buy gold in Dubai is the low taxes on gold compared with the rest of the world. most of People buy gold in Dubai for investment purpose like buy gold bullion , Bars and Gold coins More than half of all gold bought in the UAE is 22 carat There is great competition among gold traders in Dubai that make it useful for customers to buy gold in Dubai at really cheap prices. Therefore, the client must take a visit full of various gold markets in order to find reasonable prices. But you will not find differences in the quality and purity of gold What is the source of gold in Dubai? Most gold producers anywhere in the world will send their gold to dubai gold refinery to have it refined into four nines gold. What is gold refining? Refining precious metals such as scrap gold and silver, scrap jewellery, or even high grade gold doré requires a chemical process that eliminates unwanted materials and purifies the output, separating valuable gold from other “waste” materials. Dubai Gold Refinery is most famous in the world for using the best methods for purification Traders from Dubai import most of the physical gold from African Countries Traders import rough gold, called a dore bar. These bars are typically about 85 percent pure gold. The gold is then sent to a refinery, where it is refined into gold of different forms and purity (99.99). What are the measures adopted by the Dubai Government to retain its name as a city of gold? Dubai Govt. plays a vital role to retain its pride of being city of gold by keeping the standards of the pure gold. It established Dubai Central Laboratorty They have the first laboratory of its kind in the Middle East, which is equipped with the best quality checking systems available in the world, The laboratory tests and analyses diamonds and other gemstones in addition to gold jewellery, and issues certificates containing details of their quality The certificates will include grading reports and they will give customers a clear description of an item including carat weight, colour, clarity and cut. Since Dubai is the centre of gold and jewellery in the region. they want to ensure that no customer faces any problem while buying gemstones or gold jewellery, Traders could obtain a certificate to add credibility to the product they sold and satisfy customers about the quality of the product they are buying DCL will operate under the Dubai municipality wing The department also carries out random checks at jewellery shops to make sure traders stick to quality standards. Inspectors from the laboratory visit about 10 shops every day to collect samples Customers will also bring their gold and diamond jewellery for testing and certification. They can also complain if they feel they were cheated by traders. Since the Govt.is providing a quality audit of these shops, ensuring standards for the gold that is being sold. Indeed, basing its image upon the ardour for gold, Dubai has played an especially strong card. More importantly, gaining the trust of the people and living up to this image, the emirate is faithful to its gold-intertwined heritage. Dubai Means Gold and Gold means Dubai is a reputation gained by the gold trade market here in Dubai show your appreciation of this video by liking, sharing and subscribing. Thank you

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