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Selling gold bars in Dubai, plus bullion and coins
Whether you hold a single 10 g bar or several kilo bars, the process is the same: a transparent check, an offer based on the live rate, and a traceable payment.
What buyers accept
| Category | Examples |
|---|---|
| Minted bars | 1 g to 100 g, sealed or unsealed, e.g. PAMP Suisse, Valcambi, Argor-Heraeus |
| Cast bars | 50 g to 1 kg, including UAE refiners |
| TT bars and biscuits | 10 tola, 5 tola, 1 tola |
| Bullion coins | Krugerrand, Maple Leaf, Philharmonic, Eagle, Britannia, sovereign |
| Large holdings | Multiple kilo bars, usually by appointment |
How an offer for bars and coins is built
- Fine gold content. Weight × purity. A 100 g bar of 999.9 contains 99.99 g of gold.
- Live value. Fine gold × the live gold rate in AED.
- The buyer’s margin, which depends on the item:
| Item | Margin | Why |
|---|---|---|
| Sealed bar, recognised brand | Lowest | Quick to verify and resell |
| Unsealed bar, recognised brand | Low | Needs testing |
| Bullion coins | Low to moderate | Depends on coin and condition |
| Unknown brand or damaged bar | Higher | May need assay or refining |
Testing and documents
- Testing: in front of you, on a calibrated scale and with non-destructive analysis such as XRF.
- ID: Emirates ID or passport, required for every sale.
- Proof of ownership: invoice or certificate if you have one. Without it, buyers usually ask for a signed declaration.
Payment options
- Bank transfer: traceable and suited to most amounts.
- Cash: offered by some buyers within legal limits; transactions of AED 55,000 or more in cash or by wire transfer are reported by the buyer under UAE rules.
For cash sales, see sell gold for cash. For the full process, read how to sell gold in Dubai.
Frequently asked questions
Which gold bars do buyers accept?
All weights from 1 g to 1 kg, minted or cast, including TT bars and biscuits, from recognised refiners. Bars from unknown makers may need extra testing.
Can I sell gold coins too?
Yes. Krugerrand, Maple Leaf, Philharmonic, Britannia, American Eagle, sovereigns and other bullion coins are widely bought.
Do I need the original certificate?
It helps but is not always required. A sealed card or matching certificate speeds up verification and supports a better offer.
Can damaged or opened bars be sold?
Yes, after testing. If purity cannot be confirmed on the spot, the offer may include an assay or refining cost.
How quickly can I sell?
For recognised bars and coins, usually in a single visit.