How To Buy Gold in Dubai… and Check It's REAL! (Avoid Scams)

[@KarlRock]

Next, I called Dubai's infamous massage cards! 🔞 kzbin.info/www/bejne/sIXceYKXatelnas *Is Dubai actually cheaper? What do you think? Here's what to spent on 1 pair of earrings:* Gold weight: 6g Gold value: 1343 dirhams Making charge: 277 (20.6%) Tax (VAT 5%): 81 (69 tax back at airport) Total: 1701 dirhams (with tax back: 1632 dirhams). I think it works about the same price as India if buying designer pieces. Check my blog post for links to the gold testing centre and 0% making charges mall blog.karlrock.com/how-to-buy-gold-in-dubai-and-test-it/

[@_the_cod_gamer]

Thanks for the heart on my comment

[@jorgeguzman6414]

😂 you're videos are scam's 😂😂 you're the biggest scammer ❤🎉

[@souviksikdar1864]

Not worth it then

[@Deira854]

While Dubai itself is a new city, This area of Dubai and Gold souk, Spice souk and textile souk are centuries old. They are mentioned by Portuguese travellers from 1508. Dubai has also traded with India for centuries.

[@RJ-zp7ez]

Jusst like you got scammed by your wife for a citizenship abroad. Shame on such Indian girls. Do you ever think why she married you and not someone out of the 150 crore Indian population

[@KarlRock]

Check my blog post for links to the gold testing centre and 0% making charges mall blog.karlrock.com/how-to-buy-gold-in-dubai-and-test-it/

[@patriciomiller8332]

XRF only test the surface not the core

[@ChristopherAbelman]

Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

[@HildaBennet]

Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20%, any recommendations to scale up my returns on investment

[@FinnBraylon]

Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.

[@PennyBergeron-os4ch]

Do you mind sharing info on the adviser who assisted you? I'm 43 now and would love to grow my stock portfolio and plan my retirement

[@FinnBraylon]

Sonya lee Mitchell is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@PennyBergeron-os4ch]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@kkam7984]

Being in the industry couple of things to mention. First is the making fee, lot of the time it may be very little to nothing on the machine made items however if you have anything detailed hand made or custom made you will have to pay the making fee. Secondly, the authentication I can tell you that bars can be fake no acid, machine or weight can detect the fake bars we often drill holes in them if they dont come from our trusted suppliers. However small jewellery can be authenticated by the machine.

[@P8REN]

The owner you spoke to - I've been buying from his stores for over 10 years and they always have (for me) the best quality jewellery. I know another owner who I also started purchasing from around 7-8 years ago when he had 2 small shops but now operates 16 stores around Gold Souq. The only thing you have to be careful with is when it comes to selling. Most shops will say there is a difference between the buying rate and the selling rate, but this is rubbish. The gold price is the same globally, so why should they offer you less than spot price when selling? The shops may say it's to lessen their risk in case the gold price falls the next day, but at the end of the day, that is a risk. What if I offered them less than spot price for buying because the gold price 'may' fall the next day, would they accept it? Of course not! So just be careful here and ensure they give you at least the global spot price when selling or trading in old gold. Oh and also, I always take a pair of over ear headphones as not to get inundated by the people that constantly approach you that try to sell you fake watches, handbags, t-shirts etc.

[@JannikKaemmerer]

Hi thank you for the info. What is the name of the shop where you made good experience over the years? Does he also have gold pars with 10,20,50 grams etc.?

[@P8REN]

@@JannikKaemmerer Kanz. Yes they stock all bars. They have multiple stores so try and find the one that Karl visited.

[@travelbee6606]

Can you name the shop?

[@P8REN]

@@travelbee6606 Kanz. They have multiple stores so try and find the one that Karl visited.

[@alexsteven.m6414]

Considering the current market uncertainty, it appears prudent to consider investing in gold or a gold ETF. I'm contemplating allocating over $300k for retirement purposes. While the potential for short-term gains in a bullish market is enticing, I recognize the importance of maintaining a long-term investment strategy.

[@valeriepierre9778]

The current market conditions may provide opportunities to increase revenues swiftly; however, experience is required to carry out such a plan.

[@edelineguillet2121]

Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.

[@fresnaygermain8180]

That does make a lot of sense; you appear to understand the market better than we do. This coach is who?

[@edelineguillet2121]

“Sharon Marissa Wolfe’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@yolanderiche7476]

I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@XiRevsGD]

I am a Dubai resident. I just want to say happy uae National Day 🇦🇪

[@amandah.6728]

What a kind gift to her. What a good son you are.

[@Og_Mgtow]

HE IS A SIMP 🤣

[@lewis6138]

​@@Og_Mgtow🤦‍♂️not really

[@PK075]

I have always bought gold chains from the suk. Brought back to Australia and sold a few years later for a profit. Gold centre is the place I buy gold from

[@Tausi]

This is a great way of making people aware

[@KarlRock]

Thanks! I’m really happy with how this video came out 😊

[@ushnishguhabakshi708]

Hi Karl. A bit of information you missed out was that you can only bring gold worth Rupees 50,000 or 1,00,000 only when you have lived more than one year abroad. This is according to the Customs Law in India. If you come back to India within a year then you have to pay a duty of 44% on your gold items. Hope that helps

[@swethasakthi3489]

can vouch

[@aasthamalik9527]

This is so helpful and informative! Will watch it again as a reminder before visiting Dubai 🙆🏻‍♀️

[@paulkeenan2691]

Really sound advice, A couple of other variables in travelling with gold to India- 24c unmarked jewellery - chains and rings - ( it does raise eye brows with bullion dealers in India see pure gold jewelry- and another viable method are 8g minted coins " sovereigns" and the occasional Britannia/ Eagle/ maple.

[@AppleBlossom443]

The earrings looked lovely on your mother-in-law and her smile made me smile. Thank you for all of your videos!

[@EktaShah82]

Yes!!!! My fav part of the video ❤❤❤❤❤❤❤❤❤

[@HairyMalik]

The camera upgrade was worth it bro. Every shot looks accurate and focus is spot on! Loved the tour too ☺

[@KarlRock]

Yeah! It's a Panasonic S5 Mark II for those wondering.

[@jjtopz]

Love the high quality vids Karl keep it up ❤

[@ArunSharma-nt7oy]

Thank you for always bringing up such informative vlogs.

[@losethjasss]

The gold souk is def an experience. Lots of scammers and people trying to draw you in.. but it's a pretty cool place with some friendly faces. Hope you enjoy!!

[@SwordsofIslam-fc5li]

Need to buy gold in abudhabi

[@losethjasss]

Abu dhabi is a good one yes@@SwordsofIslam-fc5li

[@yousafali1662]

Such a wonderful gesture. Buying for mother in law. Wonderful heart and blessings from elders, Its worth more than any metal.

[@christiangonzales7429]

A very informative video! Imagine a world with no KZbin, there would be no ways to create awareness this easily.

[@princyyurembam6513]

Yes exactly

[@thewanderingartists]

My wife will find this helpful, she's obsessed with dubai gold, we're going there this December 😂

[@KarlRock]

Awesome. Enjoy! Food is the best thing in Dubai, you can try everything from all over the world.

[@testing12521]

Me too thinking 😅

[@BillyT886]

My wife just loves cocaine…..

[@TheMysteryDriver]

Just open an online pawn shop and get gold from people for way less!

[@Jonathan-e9q]

Nice that you going with your anime girl❤

[@MrSomethingElse]

The end made me grin from Maori ear to ear my bro, I LOVE this!

[@EktaShah82]

That was my fav part ❤❤❤

[@Pfaltzgraf]

Your mother-in-law was as happy as a child with your gifts. You obviously nailed it. 👍🏻

[@JustSendMeLocation]

She would’ve been happy with any gift, it’s the thought that counts

[@elevationview673]

I love Dubai ❤️ never had any problems there. My wife loved the shopping. Unfortunately, my gorgeous wife passed away from cancer 😢

[@AndleebMazhar-i8g]

How old was she..may her soul rest in peace

[@elevationview673]

@AndleebMazhar-i8g Thank you for your kind words Andleeb. Only 52.

[@GIGATT73]

May She rest in peace and my condolence to your family.

[@neilathaikamei]

Eagerly waiting. You're awesome Bro👍

[@PedroNZ1965]

When I see mother in law smile. It made me smile also. She loved the gifts. Nice work

[@nightcrawleroriginal]

Great information Karl, thank you, it's also nice to see your better half with you as well, you both make a good team, take care. :)

[@VREmirate]

Ah, its so nice that one of your subscribers gave you these "insider" tips and helped you save money 😊

[@ms.bardotb1900]

Thank you Karl for the information. Im planning to travel to Dubai in 15 days I can't wait!!!!

[@TG-Maverick22]

Thank you bringing us this authentic buying guide from Dubai Karl, you videos always rock. We plan to go to Dubai oneday and I am sure my wife will want to shop some gold, it is great to know all the information you just presented in this video. Cheers from USA, Michigan

[@anna-gt2mu]

A

[@anna-gt2mu]

A

[@syedmustfa8615]

Appreciate all the hard work you’re doing by sharing your experiences with us. This video will definitely help when looking to buy gold in Dubai.

[@RamiAyla]

Life comes at you fast, from bank collapses to rising conflicts and the looming 2024 recession. Ditched cash for gold and crypto; my portfolio's thriving.

[@Unknown36074]

Three days ago I was there purchased gold first time in my life. Exactly from the same shop as you did. I’m really happy and satisfied with the purchase. It was an amazing experience

[@anulagurung]

What was the shop’s name?

[@Unknown36074]

@@anulagurung kans

[@Kim-kp7ms]

Hi Karl Rock, could you do a video on tourist trap in Abu Dhabi? There's a place called miraj art gallery which claims to be an art museum, and people are usually brought in by their drivers or tour guides, but once you're inside they will show you carpets "made of gold" and eventually start selling them to you. They will also tell you not to take photos for "fear of imitation"... Eventually they will also try to sell you watches too... It's frightening too, cos when I look at Google maps, around that area are other "art galleries" but they sell the exact same things...

[@alexandroskouzmidhs26]

bro you are amazing im watching your videos 5 days now in a row !! keep going this good videos and keep us safe

[@semmoney5686]

Karl you are amazing bro. Keep doing this and sharing your helpfull information making the world a better place !

[@shr3940]

Karl shakes his head when he is talking means he’s 💯 indian now 🎉

[@Datznet]

It is wonderful to see how relaxed and relieved your wife is in Dubai! I do not know what it is, but it is exactly that relief that you show when you have experienced something unpleasant in your home country. May it be racism or something else. All this hidden "alertness" I have always thought to have seen in her eyes is gone now! Take care! A big hug to both of you from Berlin!

[@ThePgkia]

Because Dubai is 2nd India. Most of the scammers in India is also in Dubai

[@th3Kun]

@@ThePgkia in my opinion Dubai isn't at fault here, the scammers are the ones who are going there

[@parttimethinker7611]

What a precious son in law you’re.❤❤

[@KarlRock]

What are your tips for buying gold?

[@KennyT1998]

Something I’ve learned recently was that XRF and acid test aren’t always very reliable in regards to plated items. If an item is plated you would need to scratch away that top layer to get reliable results. Bought some spoons sold as sterling recently. Hallmarks were in Ukrainian Cyrillic so I couldn’t translate it at first. But once I did it said it was just a mix of copper nickel and zinc. The seller I bought them from said they had xrf and acid tested it and it showed as sterling silver. But they forgot to scratch a layer off to test the core so it wasn’t a reliable testing. Just something to consider. Although I doubt that would happen in big and busy shops. My experience is buying second hand goods.

[@shalimar1792]

Manu is looking so cute.. I like your hair style..

[@CollosalTrollge]

I want to know how to sell gold there -I have genuine gold coins from south africa, oh well. no low balling and pawn shop nonsense. 1 ounce is 1 ounce and the fair market value of that gold coin, thats it.

[@CollosalTrollge]

@SyedAli-iu7qn If your gold was a gift then i wonder how it works - so no receipt.. They can surely see the quality and authenticity of the gold and then pay you accordingly.

[@EktaShah82]

@@CollosalTrollge google online for selling gold in Dubai. There is all sorts of websites about that

[@tempest031]

Wish I had seen your video before, still in dubai for the day, but I'm not getting the wow factor of traveling in dubai, and this is my 5th day here, I feel like I'm still in some weird part of India. Thank you and keep up with the good videos/content.

[@RexPrimusor]

i have been watching you since i got scammed by the POOP man on my visit. I love how evolved the journey has been. Camera upgrade was well worth it!!! can't wait for more.

[@barbarachambers7974]

One thing I have learned from Karl: check Everything!!!

[@theanimetrapstar]

you've got the head bobbing on point, a true Indian citizen.😂

[@jamieopulence]

Nice one Karl - heading to DUBAI next month and the Mrs is after some gold necklaces - thanks very much

[@Kap00rwith2os]

I've wanted to visit Dubai but I heard from my Desi American friends who were there that they experienced discrimination by SOME locals, presumably due to the large number of laborers being South Asian or Filipinos. Did you find this to be the case?

[@littleman787]

Yes definitely Arabs are very racist

[@andrzejszpak688]

Dubai is a very bad city don’t go. They practice slavery

[@hydfooddiaries]

Very informative guys 👏🏻 👏🏻. I'll be in Dubai in January and this is gonna be helpful

[@parthivc6353]

3 questions: 1. I heard the making charge of jewelry in Dubai Souk is around 20% or more compared to around 7% in India. Can you provide a rough estimate of the making charge of a similar design in both countries? 2. Is paying by cash (AED or USD) results in 2.5% discount compared to using credit card? 3. For investment purpose, is it better to buy Bullions / Coins (instead of jewelry)? Since they don't have much making charge and can benefit from reduced gold price at Dubai + refund of the 5% VAT.

[@justo1]

love this vid another great one thanks Karl

[@Jeyalakshmi8626]

I have been to gold souk and bought gold. Bar and coin is always risky to bring to India. 22ct jewellery is better. The shops offering zero making charge sells used gold or less purity. You can test gold purity in the same shop where you buy them. Buying gold in Dubai is always cheaper than India and they have only making charge which is 5% for 22ct jewellery. There is no wastage for gold in Dubai. Here wastage we pay 18% and making charge 2% plus 3% gst. Also 2.5% you need to pay extra if you are using card to buy gold in Dubai.

[@Pakoraman]

Thanks Karl very informative video and will help on my trip in March 👍

[@luimackjohnson302]

The gesture to give a precious gift to your mother in-law is very wise & sweet especially if the old folks are biologically mother of one's wife and speaks volumes' in many traditional, customary settings in many villages across Papua New Guinea & no doubt may be also in some cultures aross the world. Thank you for sharing this video. Greetings from Madang, Papua New Guinea!

[@TheOriginalT-Cash]

Awesome video Karl, lots of useful information. 👍

[@mrcoop3955]

Keep up the great videos karl bia👍💯✌

[@561jeffkelly]

Excellent Vlog. We came to Dubai last May from Liverpool UK. We never went to the Gold souq but are returning this September for our wedding anniversary and my wife does want to visit the gold Souq this time. I heard you say you can get the tax back on goods at the airport. Now is that on all goods or just Gold products. Keep up the great work 👍👍👍

[@akshatarghya9]

Karl i really admire and respect you for the brave efforts you have made to expose the various types of scams in india...your videos are interesting + informative

[@Yuki_gelgel]

Usually the 0 making changes are used gold. Though they're already used , they're still pretty.

[@MahmudakhanMou]

Look she felt really happy after getting her gifts 🎁.

[@MohitSharma-pi7ex]

Hey Karl, it would be awesome if you could do a video on bringing gold and/or jewelry into india. What are the rules, what kind of documentation do you need and so on.

[@luimackjohnson302]

Amazing! Thank you for sharing this video. Greetings from Madang, Papua New Guinea!

[@DonaldTrump_2024]

So the best way to check gold it’s buy doing a density test on a machine measured the weight on air and on water your get really accurate reading … and then you use xrf machine to double check your reading you don’t use the acid test anymore all the Jewelry store in my country have mandatory’ a xrf machine and density machine they always check it in front of you before buying so you don’t have to take to another place even small shop would have them make more trustworthy to invest with them

[@khaloood199]

Gold in the Arabian Gulf is real, but in Europe and America. You need to test it and investigate a test on it man Muslims, don't cheat😅

[@paulclancy4221]

It's not typically hallmarked, so doesn't get a good price when re sold in Europe.

[@AnilKumar-lb3qf]

Karl We love you you are a very good person by heart. Love from USA.

[@pleun315]

Excellent video as always Karl and your lovely wife, much appreciated ❤🙏 hi from Holland

[@berrlett]

I love your videos but this one actually is heart aching, to see so many Indians flourish in Dubai they virtually have an entire market for them, their food, culture and their flag flying everywhere where as Muslims are prosecuted, discriminated against, whipped, killed , not allowed to wear their traditional Muslim hijab and have their properties burned or confiscated in India.

[@sauceontoes3457]

Tf Im Indian and i go to college with my Muslim friend every day wtf you talking about

[@lindasimons4451]

Love your video's! They are always helpful 😊

[@phoenixwasted]

Karl, I love that bit at the end with your Mother in law ❤

[@stewartfooter3580]

Great info karl,stops them ripping us off

[@HoglyStevenson]

Your Mother in law is beautiful wearing those ear rings you got her. GREAT VID!

[@SAFETYHOOD]

No Tax on Gold in Hong Kong or USA buying gold bars or coins - only jewelry - in Dubai they charge Tax on ALL Gold purchases

[@saps4873]

I am also visiting in December.. thanks for this video.. you guys are such adorable couple. Love from London

[@shauncorless8965]

Don't let them take it into the back to wrap ,,it up you will end up with gold covered lead 😮

[@KosarParveen-ie9dq]

Karl is a gem ❤

[@Mymixshortss]

True I bought off-plan property in dubai just year back and sold it off for 36% profit And rental roi was high as well And plus the broker company give me a good kickback as well

[@Deira854]

While Dubai itself is a new city, This area of Dubai and Gold souk, Spice souk and textile souk are centuries old. They are mentioned by Portuguese travellers from 1508. Dubai has also traded with India for centuries.

[@diakdiak]

The gold testing was actually done by a Pakistani company "ARY" so thats pretty cool

[@mainakbanerjee3797]

your videos are the best

[@Therealtarot1123]

I will add the dubai duty free also to this list of "beware"! Particularly the watches sold at the duty free are NOT cheaper than any retailer. You only save on VAT/TAX that's it! otherwise the price is the same if not slightly higher than retailers. But, chances are at retailers offer better discounts so i'd say do not buy from dubai duty free.

[@leenacoelho6172]

You are a good man to buy something for your mother in law

[@1Loveneverends]

Thanks for the beneficial information. The gift to your Mother-in-law, that was nice.🙂

[@realtorrasheeddubai]

A very happy National Day to all UAE residents & Emiratis ❤️🇦🇪

[@thiruvengadama793]

I love your videos!

[@21eesa]

Really wanna see you do a Bangladesh series, full country tour and not just of Dhaka and its smog

[@kathrynackley3460]

How can you be allowed to try on pierced earrings? Do they sterilize them afterwards?

[@KarolinaS-zt1kl]

I don't believe they let her do it... So unhygienic and disgusting 🤢 it would never cross my mind to do it. It's dangerous for people's health if she earlobe starts bleeding you don't know that disease you can get. I can't believe she did that.

[@JustTravelJT]

Hi Karl 7:04 ARY is from Karachi city of Pakistan 😊 and they are the popular ones in Pakistan.

[@IlfordRules16]

PLEASE DO A MEETUP IN DUBAI!!!

[@lizaperalta7539]

Hi. What name of shop did u get your gold? Is the gold lab near the store? I'm going there in January next year.

[@witneywilliam]

Purchasing my first 2 houses in Dubai is a testament to what smart financial decisions and perseverance can achieve. I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made😊

[@vicahmed221]

Not quite long I started investing. I'm very curious and need help on how to enhance and increase my returns. Any good investment tips.. would be appreciated

[@witneywilliam]

Alright, speaking in general terms, investing requires a good amount of knowledge. That's why it's essential to have a solid support system like a financial counselor, especially when picking out assets. I've been working with Regina Louise Collaro, who is an investment advisor at a registered wealth management company. I can't recommend her enough; my financial journey has been fantastic thanks to her. She's quite well-known for her services, and she helped me achieve financial stability through investments. Now, I benefit from her passive income strategies every month. So, I'd strongly suggest finding a reliable investment advisor for yourself

[@vicahmed221]

That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?

[@witneywilliam]

Regina Louise Collaro is based in the United States and can work with anybody wherever they stay. If you would like more information on reaching her, you can conduct a search online.

[@MariaGarcia-gv8hj]

Personally, I'm blessed and realizing I'm not the only one working with Regina Louise Collaro. I will consider myself lucky. I've been able to feed and make a living through her advice and great work. For such a person as Regina, I owe her gratitude, support and endless prayers as it is not easy to gain access to such a competent and reliable adviser. Who isn't just wise but has all it takes to handle an investment and is good at what she does.

[@zenaidarivera957]

Love the video Karl.

[@FahimKhan-K]

Bro Great Vlog, I am also going to cover this area soon.

[@DonaldTrump_2024]

In Laos or Thailand Cambodia and Myanmar Hanoi and Vietnam are the best place to buy investment your gold cheap labor they been doing from generation pass down the knowledge to the generation they only use high karats like 24k 23k 22k 21k 20k 18k lowest you know find anything lower then that but they know for and recognize for 24k 23k and 22k … I hope this help anyone hopefully you guys come supper any this country I just mentioned… they all speak English as well no issue

[@Rohit.Nayyar]

Some point to note. Evening hours there is hardly anyone at vat refund counter in dubai airport so come airport in early hours if you want to claim all your vat refunds.

[@Davidlinsay64]

I collect gold and silver coins You have got to be careful anywhere!

[@altafpathan9468]

That smile after buying gold in desi lady’s face

[@MsBasua]

All kalyan jewellers stores have something called a carat meter which checks the purity of gold in your jewelry through spectrophotometer.

[@khaledelsayed8445]

Best videos ever!

[@sulthantejinn]

I always watch her vedios about indian clothes and jewels...qnd i have seen one of your vedio yesterday you were saying my wife is an indian. ..i never knew she is your wife until i see this vlog😂😂😂😂anywy its nice 😁exposing scams. ..here in dubai scams are comparatively less than india...and actions would be taken had we filed a complaints if got scammed

[@rajeevanand3380]

very informative, thank you! 🙏

[@kristofersigmarsson]

man people over there are so nice, but if you were to do the same thing and record in stores of USA you'd be kicked out immediately.

[@RitusStories]

What does it mean by 20gm gold upto 50k?? 20gm gold will obviously cost around 1.5 lakh

[@sal.....7917]

Do they sell online like i want to buy from uk