How do you sell gold in Al Ras?
Quick answer
To sell gold in Al Ras, it is melted and assayed at a refinery, with settlement on confirmed content against the LBMA spot. Guyana Gold Mines connects suppliers and buyers directly at the best prices, with no fees before assay.
Buying gold in Al Ras
Al Ras is a gold market in the United Arab Emirates and an active market for physical gold. Guyana Gold Mines supplies origin gold from Guyana directly to buyers here, from raw and dore gold through to refined bars, on payment-after-assay terms. Old-Deira wholesalers, bullion changers and refiner agents all source through this market.
This page explains who buys gold in Al Ras, how import duty and VAT apply, how consignments are delivered and cleared, and how to buy safely from a documented, regulated origin. The commercial logic is simple: you receive gold whose source you can trace, assayed and settled in Dubai, rather than anonymous material carrying reputational and compliance risk.
Logistics and delivery
Al Ras holds long-established bullion and jewellery trading houses next to the souk There is no direct flight between Guyana and the UAE, so shipments route through a European or North American hub with typical air transit of eighteen to twenty-four hours plus handling.
Throughout, the metal stays inside a secured, insured chain until it reaches the agreed assay point. For buyers in Al Ras, that means the same reliable handover whether you are in a souk district, a mainland office or a free zone facility.
Regulation, compliance and origin
Trade follows federal gold due diligence and source rules The UAE has tightened due diligence across the gold supply chain, and importers increasingly need to show where their gold comes from.
This is where a single, regulated origin matters. Our gold is overseen at source by the Guyana Gold Board, and the documentation follows the metal from a named mining region to your assay in Al Ras. That is a deliberate contrast to anonymous, mixed-origin dore, and it makes compliance and record-keeping straightforward for the buyer.
People also ask
Frequently asked questions
Can I buy gold from Guyana delivered to Al Ras?
Yes. Guyana Gold Mines supplies gold direct from Guyana to buyers in Al Ras, with secured delivery and settlement on assay in Dubai.
Is there customs duty on gold in Al Ras?
Gold enters the UAE customs union free of customs duty. 0% customs duty on gold; Al Ras adjoins the Gold Souk on the mainland
How is gold delivered to Al Ras?
Al Ras holds long-established bullion and jewellery trading houses next to the souk