Do you intend to purchase gold this season? Whether you’re in the UAE, India, or anywhere else in the GCC, comparing gold prices, VAT, and design trends is essential for making a smart purchase. The UAE continues to attract buyers with competitive pricing, tax advantages, and stunning 22K and 24K jewelry collections, especially in hubs like Dubai’s Gold Souk.
In contrast, India—known for its deep-rooted gold culture—offers intricate craftsmanship but is affected by higher import duties and GST, which can make jewelry more expensive. Currently, gold rates in India are slightly higher than in the UAE, mainly due to the 15% import duty and 3% GST.
While there are tax-free or low-VAT gold choices available in other GCC nations including Saudi Arabia, Qatar, and Bahrain, the selection may be smaller than in Dubai. Many Gulf shoppers still prefer buying from the UAE due to its global reputation for purity assurance, hallmarking, and transparent pricing. VAT in the UAE stands at 5%, but tourists can claim refunds—another perk for international buyers.
Design-wise, the UAE leads with a fusion of Indian, Italian, and Arabic styles, making it a one-stop destination for all tastes. Whether you’re buying for investment or occasion, checking live gold rates, understanding local tax rules, and comparing workmanship can help you score the best deal across borders.
