January, the Gold Month
The end of the year is always a busy shopping time, but it will probably result in receiving many precious gifts such as gold jewellery. The beginning of the year is quiet compared to its preceding month, but this does not make it a bad time to buy gold jewellery. On the contrary, according to statistics, January is among the best months in the year to buy gold.
Many reasons contribute to this fact; the gold price is one of them. During January, especially at the beginning of the month, the gold prices will usually drop, and as a result, buying gold jewellery will be more affordable.
Buying gold jewellery after the peak season of holidays in Dec is kind of a blessing as you will enjoy shopping in a calmer environment with new collections, offers, and at good prices.
Moreover, jewellers will have to make big clearance on their last year’s collection. The old stock, i.e. holiday stock, has to be cleared, so you will get a fine, elegant gold set that was brand new only a few months ago, at a very competitive price.
In the UAE, the story is even brighter. What makes January a perfect month to buy gold in Dubai is the fact that the Dubai Shopping Festival is running this month. During this event, you will be showered with amazing offers and packages.
For example, this year's great gold offer is a chance to win 250 grams of gold. What you need to do is buy gold of 500AED from Al Romaizan to get a coupon to enter the draw or a pearl or diamond of AED500 to get two coupons for the draw.
Not to forget that gold prices in the UAE are affordable compared to other countries. So, you may buy a gold bracelet in a brilliant design of 21k gold paying a much less price than buying the same from a different country.
The gold price in Dubai or Abu Dhabi is calculated by adding the international gold price to the making costs and 5% VAT. Therefore, the price will vary depending on the making costs, not the original gold price, as all gold shops have to follow the international gold price. Being the city of gold, and with Dubai’s pure gold, you will be blessed to buy gold jewellery in fine and elegant designs.
Adding to this, many prestigious gold shops, such as Al Romaizan, offer varieties of designs. We Al Romaizan gold & jewellery, are well-known for our fine unique gold and diamond jewellery that suits all tastes. We have a great collection of traditional gold jewellery designed with an aesthetic touch of modernity, alongside our international and modern gold jewellery such as earrings, rings, engagement rings, wedding gold sets, necklaces, hairpins, and much more.
We invite you to visit the UAE to enjoy the cool weather in January and be blessed with an extraordinary shopping experience. But, above all, to buy gold from one of the best markets in the world with prestigious gold shops.
