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USD 107.71 / per gram
العربية

Gold in Al Ras

Old-Deira wholesalers, bullion changers and refiner agents

0%

Customs duty on gold

UAE-wide

5%

VAT (standard)

Investment gold zero-rated

18-24h

Air transit

Georgetown to Dubai

Mainland

Customs status

Al Ras

Quick answer

Guyana Gold Mines supplies origin gold to buyers in Al Ras. Old-Deira wholesalers, bullion changers and refiner agents. Assay and settlement in Dubai with no advance payment.

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.

Who buys gold here

Old-Deira wholesalers, bullion changers and refiner agents The market in Al Ras spans wholesale supply, refining feedstock, jewellery manufacturing and investment demand, and the products that move here reflect that mix: Raw Gold, Gold Dust, 22K Gold and Gold Bars.

Because we sell direct from the source, we can match the exact form, purity and volume a buyer in Al Ras needs, and we mirror the RFQ language used locally, from AU content and karat purity to CIF Dubai delivery and settlement after inspection.

Products for this market

Import duty, VAT and declarations

Gold enters the UAE customs union free of customs duty. 0% customs duty on gold; Al Ras adjoins the Gold Souk on the mainland On tax, the standard VAT rate applies broadly, but investment-grade gold of the required fineness is zero-rated, and qualifying business-to-business supplies use the reverse charge. 5% VAT broadly; investment gold zero-rated with reverse charge on qualifying supplies

High-value gold cargo is declared on entry to the UAE in line with local rules. We prepare the export, origin and assay documentation an importer needs so that clearance into Al Ras is clean and predictable. Nothing on this page is tax advice; buyers should confirm their own position with a UAE adviser.

Process

How the gold reaches you

  1. 1

    Send your requirement

    Tell us the product, quantity and terms you need for delivery to Al Ras. We reply with a clear offer and no fees to proceed.

  2. 2

    Agree the contract

    We sign a short sale and purchase agreement with an LBMA-linked price and payment after assay. Trial orders can scale into monthly tranches.

  3. 3

    Secured delivery

    Al Ras holds long-established bullion and jewellery trading houses next to the souk

  4. 4

    Assay and settlement

    The gold is assayed on arrival and settlement follows on the confirmed content, commonly within twenty-four to seventy-two hours.

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.

What you get

Local buyer fit

Old-Deira wholesalers, bullion changers and refiner agents

Zero duty on gold

Gold enters the UAE customs union free of customs duty, with investment-grade material zero-rated for VAT.

Secured logistics

Al Ras holds long-established bullion and jewellery trading houses next to the souk

Documented origin

Every consignment carries Guyana Gold Board export paperwork and a chain-of-custody record.

Payment after assay

We settle on assayed content with no large advance payment, the clearest marker of a genuine supplier.

Compliant on entry

Trade follows federal gold due diligence and source rules

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.

Regulated origin versus the risks

Sourcing to Al Ras with us

  • Documented, single-origin gold from Guyana Gold Board oversight
  • Zero customs duty and clear VAT treatment on qualifying gold
  • Secured, insured delivery into the market
  • Payment after assay, no large advance required

Unverified-source risk

  • Anonymous or mixed origin with no usable paperwork
  • Compliance exposure under UAE due diligence rules
  • Advance-payment and fee demands before inspection
  • No clear assay or settlement procedure

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

Do you require advance payment?

No. We settle on assayed content after inspection in Dubai, with no large advance payment required.

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