Dubai Municipality warns against jewellery trade inside apartments

Dubai - Amin Ahmed, Head of Gold and Precious Stones Committee at Dubai Central Laboratory (DCL) of DM urged the public not to drift behind these traders.

Trading in gold and jewellery inside apartments and offices is an unlicensed practice where the products are not subjected to monitoring, warned Dubai Municipality.
Amin Ahmed, Head of Gold and Precious Stones Committee at Dubai Central Laboratory (DCL) of DM urged the public not to drift behind these traders.
He said the DCL has carried out nearly 1,001 inspection tours at 706 gold and jewellery shops this year until the end of August 2016.
The number of precious stone pieces inspected during the tours this year until August 23 was 8,865, of which 1,265 samples were sent to the DCL for examination.
Ahmed denied the existence of any major fraud or manipulation by gold and jewellery traders in Dubai, stressing that the traders always want to maintain their reputation.
Difference in gold carat topped the list of offenses monitored by the laboratory, followed by the non-conformity of the test result to the card data.
A warning is issued against the dealer, and once the offense is repeated, the matter shall be referred to the competent legal authorities to take the appropriate action, depending on the type of infringements.
"The facilities provided by the relevant government departments help traders to comply with the rules and regulations issued at the UAE level in general and Dubai in particular. Since Dubai is the City of Gold keenness of traders is derived from the government's keenness," Ahmed said.
He added that gold and jewellery stores in Dubai are subjected to different rounds of inspections in accordance with a scheduled program by a team of specialist inspectors, who carry out at least two supervisory visits at each store a year, in addition to random and unscheduled visits.
"The inspector chooses samples of precious metals such as gold, silver and platinum from each store randomly as per the carat and country of manufacture and sends them for testing in the DCL to ensure compliance with the specifications. It also applies to the gems, which are subject to check to make sure the colour, purity, cut and weight, which are the factors that determine the value of the gems, and compare that information with the tariff card of the stone as well," he said.
"We would like to reassure everyone that we have placed precautionary measures to avoid any cases of fraud in the gold and jewellery sector by using advanced laboratory technologies," said Ahmed.
reporters@khaleejtimes.com
 
 

• Dubai