In Dubai, there are several places where you can sell investment bars (such as gold or silver bars). Here are some of the most reputable options:
Gold Souk (Deira): This is one of the oldest and most popular gold markets in Dubai. There are numerous dealers and shops here where you can sell gold and silver bars. Make sure to visit a few to get the best price.
Bullion Dealers: Companies like Rizan Bullion, DMCC Bullion Exchange, and other registered bullion dealers in Dubai offer competitive rates for buying gold and silver bars. These dealers are experienced and provide transparent pricing.
Jewelry Stores: Many well-known jewelry retailers in Dubai, such as Malabar Gold & Diamonds, Joyalukkas, and others, often buy gold and other precious metals. However, their buy-back prices might differ, so it’s good to compare.
Banks: Some banks in Dubai offer precious metal buy-back services, especially if you purchased the bars directly from them. Emirates NBD and other banks might have such services, but it’s advisable to check with them directly.
Online Marketplaces: Platforms like Dubai Gold & Commodities Exchange (DGCX) offer online trading options for gold and silver. Additionally, websites like UAE Bullion also allow you to buy and sell investment bars online.
Auction Houses: For high-value bars, auction houses like Christie’s in Dubai may be an option if you’re looking to reach a broader audience of buyers.
Gold Testing Centers: Before selling, you can visit a gold testing center in Dubai to verify the purity of your bars, which can help in getting a better price from buyers.
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