Many people like to buy gold, diamonds, and other precious jewellery in the Middle East. This is because you can expect to find high quality gold at great prices in this region. Here in Kuwait, the gold and jewellery industry is thriving as well.
Whether you’re in Kuwait for a short visit or a longer period, be sure to explore the gold shops and buy a special gift or souvenir! Jewellery stores can be found in most malls, though there are many showrooms and traditional markets (souqs) that you can visit, too.
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Best Places to Buy Gold in Kuwait
Are you planning to buy gold but not sure where to begin? Don’t worry because in this article, we have listed the best places where you can purchase gold in Kuwait!
1. Gold Souqs
In Kuwait City alone, there are several souqs where you can buy gold jewellery, gold bars, and other beautiful pieces. Among the most popular places is the Kuwaiti Gold Souq, where you can find 21-karat and 22-karat gold pieces in various designs.
Another place that is worth visiting is Souq Al Watiya, which is situated near Sheraton Hotel. There are plenty of gold shops on the ground floor and the first floor, while the second floor houses many restaurants.
If you go to the southeastern part of the city, the Salmiya Area Souqs are perfect for gold jewellery shopping. In particular, you should head to Salim Al-Mulbarak Street, which features lots of gold and jewellery shops, textile shops, and many more.
Of course, you should also visit the Central Gold Souq, where you can choose from many gorgeous jewellery designs. This site also houses the government office where you can have your gold checked for purity and authenticity.
The great thing about buying gold in souqs is that you can haggle for the final price. Do not hesitate to negotiate when buying gold jewellery in the souqs of Kuwait!
2. FK Jewellers
FK Jewellers is a leading jewellery retailer not only in Kuwait, but also in the United Arab Emirates (UAE). Aside from in-store shopping, it also provides online shopping and home delivery services for its customers.
Notably, the FK Jewellers website has been recognized as among the top 10 websites for online jewellery shopping in Kuwait. Do visit its official website for the latest updates. You can also visit their store, located on the ground floor of Souq Al Watiya.
3. Joyalukkas
Joyalukkas happens to be one of the world’s largest jewellery retail chains, with stores in the United States, United Kingdom, India, Singapore, Malaysia, Bahrain, Oman, Saudi Arabia, Kuwait, and the UAE. Each store features a wide array of gold, platinum, diamonds, pearls, and other precious pieces.
Here in Kuwait, Joyalukkas has stores in Al Rai, Al-Dajeej, Fahaheel, Salmiya, and Kuwait City. For more information about the company and its products, you can visit Joyalukkas’ official website.
4. Kalyan Jewellers
Gold, diamond, platinum, and pearl jewellery in the form of earrings, nose pins, necklaces, pendants, bracelets, rings, and toe rings — these are just some of the accessories that you will find at Kalyan Jewellers. This is well-known brand in the Middle East, with around 30 showrooms across Kuwait, Oman, Qatar, and the UAE.
Here in Oman, Kalyan Jewellers has showrooms in Fahaleel, Al Rai, Farwaniyah, and Kuwait City. For more details, simply head to the company’s official website.
5. Malabar Gold and Diamonds
When it comes to gold and diamond jewellery, Malabar Gold and Diamonds is one of the biggest names out there. Established in 1993, the company has over 280 stores in 10 countries, including Kuwait. It is also worth noting that they have design centers and factories in the Middle East, India, and in the United States.
Malabar Gold and Diamonds has several stores across Kuwait, including Al Rai, Dajeej, Fahaheel, Jleeb Al-Shuyoukh, Mahboula, Salmiya, and Watya. Check out its official website to know more about the company and its products.
6. Pure Gold Jewellers
With more than two decades of experience, and over 150 stores in more than 20 countries, it is not surprising why Pure Gold Jewellers is among the most recognizable names in the gold and jewellery industry. It is well known not only in the Middle East but all over Asia, too.
In Kuwait, Pure Gold Jewellers has stores in Al Kout Mall, Kuwait Duty Free, Boulevard Mall, and Avenue Mall. You can learn more about this company by visiting its official website.
7. Sabika Al Kuwait Jewellery
Sabika Al Kuwait Jewellery is a store located at Souq Mubarakiya in Kuwait City. It offers gold and diamond jewellery; plus it sells 24-karat gold bars! For more details about this store, simply follow its official Facebook page.
Tips for Buying Gold
Before you buy gold, whether in the mall, souq, or a standalone jewellery shop, be sure to keep the following tips in mind:
- Know the daily rate of gold. This is usually published online as well as posted in different areas around the gold souqs/stores.
- When inquiring about gold jewellery, don’t forget to ask about the karats, price per gram, and the craftsman/making charge. The craftsman charge can usually be negotiated.
- Be sure to buy gold that is authenticated by the Kuwait Ministry. See to it that your receipt contains details such as the item’s weight, description, cost per gram, craftsman charge, and total cost. It should also include your name and ID or passport details.
Video: Where to Buy Gold in Kuwait
Check out this video shared by “Ka G TV” YouTube channel, which is managed by a Filipino expat in Kuwait. In this video, the vlogger talks about the places where you can buy gold in Kuwait, as well as how to determine if a gold piece is authentic:
Indeed, buying gold in Kuwait is easy a pie, as there are many places offering a wide range of options in terms of design, purity, and affordability. You are bound to find lots of great deals when you go shopping for gold in this country!
Speaking of great deals, consider heading to Brands for Less in Kuwait. This is a shopping destination that offers premium brands at bargain prices. Check it out!