How to Verify the Authenticity of Gold in Dubai’s Competitive Market?

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Dubai’s gold market is one of the world’s most dynamic, attracting investors globally. However, with high demand comes the risk of counterfeit products. Here’s how to ensure authenticity when buying gold in Dubai:

  1. Understand Gold Purity:
    • 24K gold is 99.9% pure (soft, used mainly for investment bars).
    • 18K gold contains 75% gold (mixed with alloys, used in jewelry).
  2. Check Certification Marks:
    • Look for DMCC (Dubai Multi Commodities Centre) stamps on bars.
    • Dubai Gold Souk vendors must display Emirates Authority for Standardization (ESMA) certification.
  3. Hallmark Verification:
    • Authentic gold carries purity marks (e.g., 750 for 18K, 999 for 24K).
    • Use a magnifying glass to inspect engravings.
  4. Magnet Test:
    • Real gold is non-magnetic. If attracted to a magnet, it’s fake.
  5. Acid Test (for Professionals):
    • Nitric acid applied to gold won’t react (performed by certified dealers).
  6. Density Check:
    • Pure gold has a density of 19.32 g/cm³. Counterfeits often weigh less.
  7. Buy from Reputable Sellers:
    • Avoid street vendors; stick to DMCC-approved dealers like Zarrin Moon.
  8. Request Documentation:
    • Always ask for a certificate of authenticity with weight, purity, and origin.
  9. XRF Testing:
    • Some dealers use X-ray fluorescence machines for instant verification.
  10. Spotting Fake Gold Bars:
    • Counterfeit bars may have uneven edges or incorrect logos.
  11. Gold Souk Tips:
    • Compare prices daily (track Dubai Gold Rate).
  12. Zarrin Moon’s Ethical Gold:
    • We source conflict-free gold from LBMA-certified mines.
    • All our gold comes with full traceability reports.

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