Top Mistakes to Avoid When Selling Gold in Dubai
Selling gold in Dubai can be highly profitable — but only if you avoid common pitfalls. As one of the world’s biggest gold trading hubs, Dubai offers competitive prices and a transparent market. However, many sellers lose money due to simple mistakes. Here are the top mistakes to avoid when selling gold in Dubai : 1. Not Checking the Live Gold Rate Gold prices change daily based on international markets. Always check the current rate before selling. Dubai’s gold price is linked to global benchmarks and updated frequently across the market. ✔ Tip: Check rates from reliable sources or major gold markets like Dubai Gold Souk before visiting a buyer. 2. Selling Without Comparing Buyers Different gold buyers offer different rates and deduction policies. Many people make the mistake of accepting the first offer they receive. ✔ Tip: Visit multiple licensed buyers to compare offers before making a decision. 3. Ignoring Purity Testing Gold value depends on purity (24K, 22K, 1...