In the UAE, there are various options for selling used (Old) gold. Here are some common places where you can sell used gold:
Gold Souk : The Gold Souk in Dubai is a famous market known for its gold shops. It’s a traditional market where you can find numerous gold retailers and traders. You can visit different shops to get quotes for your used gold. In Sharjah gold souk there are lots of jewellery shops, they buying your used gold for cash
he Gold Souk in Sharjah is a marketplace where you can find a variety of gold and jewelry shops. These souks are similar to those in other emirates, such as Dubai.
Gold and Diamond Park: Located in Dubai, the Gold and Diamond Park is a dedicated area for buying and selling gold and diamonds. It houses numerous retailers and workshops where you can sell your used gold.
Jewelry Stores: Many jewelry stores in the UAE, especially in Dubai and Abu Dhabi, buy used gold. You can inquire at reputable jewelry stores and ask if they are interested in purchasing your used gold items.
Online Platforms: There are also online platforms where you can sell used gold. Websites and apps like Dubizzle, Souq, or even international platforms like eBay could be options. Be sure to follow safety guidelines and deal with reputable buyers.
Gold Exchanges: Some financial institutions and gold exchanges in the UAE may also buy used gold. These establishments often have established procedures for buying and selling precious metals.
Sharjah, which is one of the emirates in the United Arab Emirates, has a vibrant gold souk known for its traditional markets and shops selling gold and jewelry. The gold souk in Sharjah is not as large or famous as the ones in Dubai, but it still offers a unique shopping experience for those interested in purchasing gold.
Before selling your used gold, you should know the Current Market Price: Be aware of the current market price of gold so that you can negotiate a fair deal.