Oheneba Jewellery Trading LLC is registered under commercial license No. 1235182, is your trusted destination to buy and sell gold and silver bullion in the UAE.
For now Gold and Silver, but in the near future we will be offering platinum and paladium.
You can purchase physical bars and coins from our store or online. Physical delivery will be done to your doorstep if required.
Yes, if you would like to sell your bullion, please get in touch and we will guide you through the process which is quick, easy and secure.
1 Oz of Gold, Platinum or Palladium. 10 Oz of Silver.
You can trade precious metals at the international spot market rates which are available 24 hours, 5 days a week, starting from Monday 3:00 am (UAE Time) and Saturday 2:00 am (UAE time).
Yes, we do offer delivery services all over the world through a secured transport companies (G4S, Brinks or TransGuard).
We are happy for you to collect your bullion purchases in person at our Deira Gold Souk office. This can be arranged in advance once we have received full payment by bank transfer and payment has been settled on our end. Please call the office for further details on what you can expect when arranging the collection of your investment products.
Smaller gold and silver bars, from 1g to 100g, are not always stamped with individual serial numbers but are supplied with a numbered certificate of analysis placed in a clear plastic box with the bar. Larger bars are individually minted, stamped with an identifying serial number and provided with an individual certificate of analysis. Bullion coins are not stamped with serial numbers and this is how they are offered by the World Mint. Please rest assured that we source our bullion products directly from various mints or refiners, so you can be sure that we always supply only genuine and original bullion products.
We assure all our valuable customers that all personal data is protected and stored securely on password protected computers and only the information necessary to fulfill the order Your personal information or personal information that we are required to keep by the UAE authorities is stored securely. See terms and conditions.
We buy all gold and silver bullion. Our minimum standard rates for Gold are 98% if purchased from Oheneba Opoku Jewellery and 97% if purchased elsewhere and our rates for Silver are 94% if purchased from Oheneba Opoku Jewellery and 93% if purchased elsewhere. Please call us for a quote as sometimes we can offer a higher rate depending on market conditions at the time.
Cash payments of up to a maximum of AED 50,000 can be made at our office to purchase bullion. Customers must present acceptable identification to confirm personal identity and address, including proof of funds, before commencing any confirmed order. If you wish to pay for your bullion order in this way, please call the office immediately after placing your order so that your account can be marked as such and the procedure can be clarified to you.
Because we are not financially regulated, we cannot advise you when you should buy or even sell. Bullion dealers are not required to be regulated by the UAE. Authorities. If you are considering investing a large amount of money, we always recommend that clients consult a financial advisor to determine which investment best suits their financial goals and risk tolerance.
The gold or silver content in investment gold or silver bars or coins is not subject to VAT or any other taxes in the UAE, but small manufacturing or fashion fees associated with the production of the bars, Wafers, ingots or minted bullion coins are all subject to VAT at 5%. We are obliged to collect this small VAT from customers on behalf of Dubai customs authorities.
Gold coins and gold bars are both forms of physical gold or silver investments, but there are some differences between them.
Gold coins are usually smaller and minted by governments or private entities. They often carry a higher value than the actual value of the gold due to their historical or collectible value, which can increase their cost. Gold coins are often used to collect amounts of money or as legal tender gold bars.
On the other hand, gold bars are larger and are usually produced by refiners. They are usually made of pure gold with uniform shapes and sizes, making them easier to store and transport. Generally speaking, gold bars have a premium that is lower than the actual value of the gold because they do not have the same historical or collectible value.
In general, the cost of gold coins will depend on factors such as rarity, age, condition and historical significance, which can increase their value far beyond their actual value. the amount of gold they contain.
All of our bullion products are purchased by us directly from the manufacturers, so you can be assured that you are buying real Gold and Silver when shopping with Oheneba Opoku Jewellery.