Why UAE is the best place to sell gold

 

The UAE is considered one of the best places to sell gold due to its strategic location, favorable market conditions, and tax advantages. Dubai, in particular, is known as the "City of Gold" because of its thriving gold trade and competitive pricing. The absence of value-added tax (VAT) on investment-grade gold ensures higher profits for sellers, while the country's well-established gold Souq and advanced regulatory frameworks create a secure and transparent market. Additionally, the UAE attracts international buyers, leading to strong demand and liquidity, ensuring sellers can easily find buyers at competitive rates. The combination of high-quality infrastructure, safety, and global connectivity further enhances the UAE's reputation as a premier destination for gold trading.

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