Gold Souq in Kuwait: Al-Mubarakiya, Salmiya, Farwaniya & Fahaheel Guide
By Editorial team ·
Kuwait has gold shops in every governorate, but a few areas have the largest choice. Prices for raw gold are the same everywhere in the country – today about 35.043 KWD per gram for 21K and 36.711 KWD for 22K – so the difference between areas is choice of designs and making charges.
Kuwait City: the souq near Al-Mubarakiya and Safat
The traditional gold market around Souq Al-Mubarakiya and Safat Square in Kuwait City is the best-known place to buy gold. Dozens of Kuwaiti and Gulf jewellers sit close together, which makes it easy to compare making charges. Bullion dealers in the area sell bars and coins. More on the Kuwait City gold price page.
Hawalli and Salmiya
Busy shopping streets with jewellers offering both Arabic and Indian designs, plus brand showrooms in the large malls. See Hawalli & Salmiya.
Farwaniya, Abbasiya and Jleeb
The area is known for Indian jewellery chains and 22K designs popular with resident communities. See Farwaniya.
Ahmadi and Fahaheel
Fahaheel has one of the largest clusters of gold shops in the south. See Ahmadi & Fahaheel.
Tips for any market
- Check today's rate on your phone before you walk in.
- Ask for the gold rate and the making charge separately.
- Look for the purity stamp (for example 875 for 21K, 916 for 22K) – gold sold in Kuwait is hallmarked under the Ministry of Commerce and Industry.
- Keep the invoice with weight, karat and making charge.
Shops and opening hours change, so confirm before visiting.
FAQ
Where is the gold market in Kuwait?
The best-known gold market is in Kuwait City around Souq Al-Mubarakiya and Safat; Salmiya, Farwaniya and Fahaheel also have many gold shops.
Is gold cheaper in the souq than in malls?
The gold rate is the same; souq shops often have lower making charges and more room to negotiate.
