TODAY’S Suggested Retail Gold Jewellery Price – 14/12/21*
All prices are per gm
| Gold Purity | Rate in AED per gm |
|---|---|
| 24K | AED 216.2 |
| 22K | AED 203.25 |
| 21K | AED 194.00 |
| 18K | AED 166.25 |
*Updated thrice daily – @ 9 AM, 3 PM, 8 PM UAE time
Look for Dubai Jewellery Group’s gold price display screens at the retail stores to verify real-time gold price.
Dubai Jewellery Group (DJG) is the largest trade body for Dubai’s jewellery industry with around 600 members representing all sectors of the trade; including bullion, gold and diamond jewellery manufacturing, wholesale & retail of jewellery, precious metals, diamond and pearl. DJG was formed under the directives and Guidance of Dubai Department of Economic Development in the year 1996.
From being a group of Jewellery retailers who came together to support the first edition of the Dubai Shopping Festival back in 1996, today the DJG has grown to a prestigious trade body committed to developing and sustaining Dubai’s status as the ‘City of Gold’ and ‘The Jewellery Destination of the World’.
DJG represents the interests of the trade through liaising with government organizations and spearheading various member beneficial initiatives. The Group acts as a one-stop-centre to provide solutions to the industry grievances; often acts as an intermediary between various government authorities and the trade.
Our Vision
Our Vision
Collectively striving to keep Dubai at the forefront of the global gold and jewellery trade through excellence in quality andservices at the most competitive price
Our OBJECTIVES
Our OBJECTIVES
Promote Dubai’s gold & jewellery trade locally as well as in the international market
Unite the gold and jewellery fraternity to face challenges and enhance business
Enhance the profile of the gold and jewellery industry
Ensure transparency in the jewellery market and compliment consumer rights protection
Enhance the image of Dubai’s gold & jewellery trade at an international level
Build customer confidence and to offer value-added services to its members
Build a database of gold & jewellery businesses in Dubai, the region and other international markets
Build effective communication channels between the Group and its members
Create investor friendly environment in Dubai
Revive the B2B & B2C businesses in Dubai
Achieve greater recognition for Dubai Gold & Jewellery Group and its members in government departments
Our 6 Guiding Pillars
Our 6 Guiding Pillars
All actions taken by the DJG – both for Consumers and for
Jewellers – are guided and embodied by these 6 pillars:
COMPLIANCE
Consumers
Compliance with consumer rights, money laundering laws, and global jewellery retail best practices
Jewellers
Compliance with responsible sourcing, AML, CFT, hallmarking, safety, & security rules and guidelines
TRUST
Consumers
You can’t buy trust, but you can buy with trust – @ Dubai – City of Gold & Jewellery Destination of the World
Jewellers
Over the years, we’ve earned the trust of the gold and jewellery industry with 600+ members, and will continue onwards
EXPERTISE
Consumers
Enhancing consumer expertise in purchase of gold & jewellery buyers by knowledge enhancement
Jewellers
Honing jeweller expertise through world-class training programs, trade show participations, industry updates, and more.
VALUE
Consumers
Providing real and lasting value when buying jewellery – @ Dubai – City of Gold & Jewellery Destination of the World
Jewellers
Enabling jewellers to derive maximum value from their business with access to industry leaders, government bodies, and international trade organisations, and other members.
RANGE
Consumers
Offering the widest range of jewellery from across the world – @ Dubai – City of Gold & Jewellery Destination of the World
Jewellers
Providing access to, and networking opportunities with the whole range of industry players, including bullion, manufacturing, wholesale, and retail businesses.
SECURITY
Consumers
Making Dubai the most secure place to shop for jewellery
Jewellers
Offering unparalleled security in business transactions, with insurance plans, arbitration help, security alerts, and more.
BOARD OF DIRECTORS
BOARD OF DIRECTORS
DJG is honoured to have an eminent Board of Directors who add
huge value to the Group and contribute to its ongoing success.
DJG Executive Team
DJG Executive Team
Tawhid Abdullah
Chairman
Chandu Siroya
Vice Chairman
Chetan Karani
Secretary
Amit Dhamani
Joint Secretary
Abdul Salam KP
Treasurer
Chirag Vora
Joint Treasurer
Laila Mohammed Suhail
Permenant Board Member
OTHER BOARD MEMBERS
OTHER BOARD MEMBERS
Maryam Al Hashemi – Director | Harish Pawani – Director | Ajay Pahuja – Director | Anil Dhanak – Director | Anurag Sinha – Director | Vishal Dhakan – Director | Katia Abou Samra – Director | Ashish Garg – Director
Our Administrative Team
Our Administrative Team
Mamtha Maria – General Manager | Alif Mohamad – Finance & Administration | Jovie Alcabasa – Training & Member Benefits Abdul Hakim – Membership & Operations
Jewellery in Dubai is
best known for
Jewellery in Dubai is
best known for
PURITY
Gold Jewellery sold in Dubai is of the best purity, which is ensured by the Dubai Central Laboratories Department through strict regulatory measures. ‘Bareeq’ which is a voluntary quality management system and certification scheme implemented by the Central Laboratories Department for jewellery shops has largely helped to promote and give formal recognition to jewellery shops that meets the good practice criteria for jewellery trading. The criteria ensures the quality of the products and services that are offered by the shop and gives assurance and confidence to the buyers.
VARIETY
There are approximately 180 nationalities living in Dubai and the city’s retailers offer jewellery catering to all budgets and tastes – Arabic, Asian, Western, European, etc.
PRICE
The price of gold jewellery in Dubai is the most competitive due to the sheer volume of the business and the low mark up charged by the trade.
About City of Gold & Jewellery
Destination of the World
About City of Gold & Jewellery
Destination of the World
The modern gold and jewellery industry of the Middle East has its roots in Beirut, Lebanon during the period of 1965-1974. During the civil war in Lebanon, the industry briefly shifted to Kuwait, and then to the UAE. Since 1978, the industry has been thriving and continuously growing in UAE due to the business-riendly customs policy and tremendous government support. The governments of UAE and Sharjah have been particularly supportive and have given us an excellent platform to grow.
Dubai, known as the ‘City of Gold’, has had a long history with gold and jewellery, starting with its status as a major trading port in the 19th century. Dubai’s association with the yellow metal is legendary. Right from the time it was a pearl fishing town to the glitzy commercial hub that it has become today, the lure of its gold trade has grown gradually. Dubai’s famous Gold Souk, one of the largest retail gold markets in the world, started in the 1900′s with just a handful of retailers, and grew substantially in the following decades. Dubai imports hundreds of tons of gold every year. This has made Dubai as the regional gold hub and largest gold trading centre in the entire Middle East. Through its tag line – ‘Quality Jewellery at World’s Best Price’ and various promotional initiatives, both locally and internationally, the DJG has helped in branding Dubai as the “City of Gold” and the “Jewellery Destination of the World”.
The low tariffs charged by the government, along with the policy of low margin and high turnover opted by the jewellers of Dubai, resulted in Dubai and UAE offering some of the world’s best jewellery at the world’s best price. This has undoubtedly made Dubai the ‘City of Gold’ and the ‘Jewellery Destination of the World’, where wholesale and retail customers come to source their required Jewellery.
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