Frequently Asked Questions
Is Dubai a good place to buy gold bars?
Yes. Dubai offers transparent gold pricing, competitive premiums, and access to globally recognized refineries, making it a top destination for buying gold bullion.
Are branded gold bars better?
Gold bars from recognized brands such as PAMP Suisse or leading UAE refineries often carry stronger resale demand due to global recognition and trusted refinery standards.
What is the best gold bar size to buy?
The right gold bar size depends on your budget and purchasing goals. 1g–10g bars offer greater flexibility, while 20g–100g bars provide a larger gold holding. Larger bars such as 1oz, 250g, 500g and 1kg may offer better price efficiency per gram.
Are 999.9 gold bars a good choice for physical gold?
Yes. 999.9 fine gold is the international standard for investment bullion and is 99.99% pure. It is what LBMA-accredited refineries produce and what dealers worldwide accept without question. The main thing to compare between two 999.9 bars is the premium you pay and how easily you can resell that brand where you live.
How can I verify a gold bar before buying it?
Check the refinery or manufacturer, weight, purity, serial number where applicable, assay documentation and packaging. For branded bars, purchasing from an established bullion dealer also provides an additional layer of confidence. Product-specific authentication features should be checked according to the manufacturer's documentation.
Can I buy gold bars online in Dubai?
Yes. OUNCE offers gold bars for online purchase, with product-specific pricing, specifications and availability shown on the website. The collection includes multiple weights and brands, subject to stock availability.
Where can I buy gold bars in Dubai?
OUNCE offers gold bars online and has a physical presence at Dubai Gold Souk in Deira. Buyers can explore different gold bar weights and brands and check current product availability before purchasing.
Is it cheaper to buy gold bars in Dubai than elsewhere?
Dubai's advantage is not a lower gold price, since spot is the same everywhere. It is the absence of VAT on investment bullion, the absence of capital gains tax, and the low premiums that come from having hundreds of dealers competing in one market.
Do gold bar prices change during the day?
Yes. Gold trades almost around the clock and the AED price moves with it. The rate on this page updates through the trading day, so a morning quote and an evening quote will differ.
Is there VAT on gold bars in the UAE?
Investment-grade gold of 99% purity or above is VAT-exempt in the UAE, which covers all 999.9 bars. The standard 5% VAT applies to jewellery and to some collectible items. VAT status is shown on each product page.
Why is a 1 gram gold bar more expensive per gram than a 1 kg bar?
Because the cost of refining, certifying and packaging a bar is roughly the same regardless of its size. On a 1 gram bar that fixed cost is a large percentage of the total; on a kilo bar it is a very small one.
Can I buy a gold bar as a gift?
Yes, and it is one of the most common reasons people buy 1 to 5 gram bars in Dubai. Designed bars such as the PAMP Lucky Charm series and the FIFA World Cup 2026 range are made specifically for gifting, and arrive in presentation packaging.
What is a TT bar?
A TT bar is the local name for a 10 Tola gold bar, weighing 116.64 grams. It is a traditional format across the UAE, India and Pakistan and is one of the most liquid bars in the Deira Gold Souk. TT bars are usually produced in 999.0 purity rather than 999.9.
