- Gold Market
- April 11, 2025
Understanding Gold Purity Levels: 24K vs 22K vs 21K vs 18K
Gold is classified based on purity, usually measured in karats (K). But what do these gold purity levels really mean—and which one is right for your needs? 1. What Does Karat (K) Mean? Karat indicates the ratio of pure gold to other alloys. Because pure gold is naturally soft, it is often mixed […]
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- Gold Market
- April 11, 2025
Making Charges on Gold: What You Need to Know Before Buying
The price tag on jewelry includes more than just the current market rate. Making charges on gold can add a substantial amount to your final bill – sometimes 5% to 20% extra. Understanding these fees is essential for every shopper in the UAE. 1. What Are Making Charges on Gold? These fees cover the […]
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- Gold Market
- December 23, 2024
What to Check Before Buying Gold Jewelry in the UAE
Whether it’s a gift or a personal investment, gold jewelry is both beautiful and valuable. However, don’t let style distract you from the technical essentials. Following a specific checklist for buying gold jewelry in the UAE ensures you get the best value for your money. 1. Check Purity Levels When Buying Gold Jewelry […]
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- Global Market
- December 23, 2024
6 Key Factors That Affect Gold Prices Globally
Gold prices are not random; they are driven by a complex interplay of global economic forces. Understanding the factors that affect gold prices can help you make smarter investment or purchasing decisions, whether you are buying for a wedding or a long-term portfolio. 1. Global Economic Uncertainty and Safe-Haven Demand One of the […]
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- Gold Market
- December 23, 2024
How to Start Investing in Gold: A Beginner’s Guide
Gold has long been a trusted asset, especially during times of economic uncertainty. Whether you’re in Dubai, Abu Dhabi, or anywhere in the UAE, investing in gold can help you diversify and protect your wealth. 1. Understand the Purpose of Investing in Gold Gold acts as a hedge against inflation and currency devaluation. […]
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