Aired (September 1, 2024): Sa Gold Souq na pinakamalaking bilihan ng ginto, hindi lang daw mga alahas ang ginintuan, kundi pati…mga damit?!
At sa isang pambihirang pagkakataon, ipinasilip sa Team KMJS ng isang sikat na gold refinery sa Dubai kung paano ginagawa ang gold bars! Si Jessica Soho, nakahawak ng totoong gold bar! Magkano naman kaya ang presyo nito kada isang piraso?
Sa tinaguriang The City of Gold, tara na’t mag-shop ng go… go…gold!
Panoorin ang video.
#KMJSHelloLoveDubai
'Kapuso Mo, Jessica Soho' is GMA Network's highest-rating magazine show. Hosted by the country's most awarded broadcast journalist Jessica Soho, it features stories on food, urban legends, trends, and pop culture. 'KMJS' airs every Sunday, 8:15 PM on GMA Network. Subscribe to youtube.com/gmapublicaffairs for our full episodes. #KMJS
At sa isang pambihirang pagkakataon, ipinasilip sa Team KMJS ng isang sikat na gold refinery sa Dubai kung paano ginagawa ang gold bars! Si Jessica Soho, nakahawak ng totoong gold bar! Magkano naman kaya ang presyo nito kada isang piraso?
Sa tinaguriang The City of Gold, tara na’t mag-shop ng go… go…gold!
Panoorin ang video.
#KMJSHelloLoveDubai
'Kapuso Mo, Jessica Soho' is GMA Network's highest-rating magazine show. Hosted by the country's most awarded broadcast journalist Jessica Soho, it features stories on food, urban legends, trends, and pop culture. 'KMJS' airs every Sunday, 8:15 PM on GMA Network. Subscribe to youtube.com/gmapublicaffairs for our full episodes. #KMJS
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FunTranscript
00:00They say, not all that glitters is gold.
00:08But here in Dubai, everyone buys real gold.
00:15In fact, the biggest purchase of gold here is the gold souk.
00:21Not only in Alahas, but also in Ginintuan.
00:24Only in Dubai, the biggest and heaviest gold ring in the whole world.
00:30Also, clothes.
00:3312 kilos of gold dress.
00:36Like covering all your body.
00:38Do you have something here that I can...
00:40Yes, okay.
00:42Eh, HM, how much is this?
00:45In dollars, it's 32,786.
00:50So let's see how much in pesos.
00:52It's equivalent to a house and lot.
00:55In the city of gold.
00:58Let's shop for go-go gold.
01:02We're here in their gold souk.
01:06Because there are a lot of people who can buy gold jewelry here.
01:09Tip, you can also make amends here.
01:12Let's go.
01:16The main export of the United Arab Emirates is oil.
01:21Their second export is gold.
01:24They are also fond of bling bling.
01:28Here in the gold souk, there are almost 400 stores that sell gold jewelry.
01:38They have a huge gold ring here.
01:42It weighs 64 kilos.
01:45It's covered with crystals.
01:47Only in Dubai, the biggest and heaviest gold ring in the whole world.
01:52Its price is estimated at 3 million dollars or more than P175 million pesos.
02:01The gold industry in Dubai began to flourish in the 18th century
02:07when Dubai became a major trading port for gold and jewelry
02:12from India, Africa, Europe, and other countries of the Middle East.
02:18That's why Dubai is known as the City of Gold.
02:24OMG!
02:26It's true that there are clothes made of gold.
02:29Who would wear this?
02:31How much is it? How heavy is it?
02:35Wow, Mohamed, this place is dripping with gold.
02:39How much do you think is the entire shop worth?
02:42Confidential.
02:43It's safe to say maybe billions or millions of dollars.
02:48What are some of the more interesting things that we should know?
02:52For example, we have one of the iconic sets in our museum.
02:55It's more than 12 kilos.
02:5712 kilos of gold dress?
02:59Like a big shield.
03:01Do you have something here that I can put on?
03:04The weight of the necklace is around 400 grams.
03:08What kind of women would wear such heavy?
03:12Women who have a lot of money.
03:14Do they actually wear this thing?
03:16Usually they wear it for a special occasion like a wedding.
03:19You cannot wear this one as a daily use.
03:21Some people like to buy this as an investment.
03:24They also have a gintong cinturon here.
03:27How many kilos is it, do you think?
03:29Built alone, it's around 1 kilo.
03:31And the blouse?
03:33Wow, so it's 3.5 kilos when you wear it.
03:37You have to be insured to wear this, right?
03:39You have to buy insurance.
03:41This is the safest city in the world.
03:43You don't have any security guard.
03:45There's no need for security, we are safe here.
03:47I have to remove this because I don't think I can afford this.
03:51But in case, how much is this?
03:53Around $32,000.
03:55So let's see how much in pesos.
03:57It's 1.8 million pesos.
04:00It's equivalent to a house and lot.
04:02Okay, I can't afford this, Mohamed.
04:04So I have to take it off.
04:05And because gintorito is not cheap compared to the Philippines,
04:10and it's tax-free,
04:12I will look for a place in my budget
04:15for a souvenir.
04:17I like the really modern design.
04:23I think I prefer this one, yeah.
04:26Congratulations, I would say an Arabic Mabrou.
04:28He said Mabrou, but I feel like I'm at a loss.
04:31I'm being spent.
04:32It's better to invest in gold because its value increases over time.
04:37If you just invest your money,
04:39your money will be affected by the so-called inflation
04:41or the increase in the price of goods.
04:43Unlike gold, its price increases over time.
04:46Some gintos in the gold souk
04:49are sent to the so-called gold refinery
04:53to be processed and made into gold bars.
04:59And in a rare opportunity,
05:02a famous gold refinery here in Dubai,
05:07in KMJS,
05:09showed us how these are made.
05:13Ginto is sparkling.
05:16This is real.
05:18There's no ball.
05:20Get lost.
05:22We can see and hold real gold bars.
05:28They will give us a tour of the refinery.
05:3115 kilos.
05:33Their chief operations officer,
05:36a Filipina,
05:38Jamie.
05:40From local markets and international markets.
05:43Where did this come from?
05:45This is from a local market in the gold souk.
05:48I read that here,
05:50for example, 22 carats,
05:52you can increase the carats.
05:54Yes, we will make 22 carats into 24 carats.
05:56The gintos received
05:58will be tested in the laboratory.
06:01We have a lot of countrymen here.
06:04I'm proud to work in their industry,
06:07which is not common in the Philippines.
06:10The gintos will be melted.
06:13These are from the souk.
06:16The unsold ones will be melted here.
06:19And then they will make it into a bar.
06:21They will pour it there.
06:24There.
06:27This is an interesting trivia.
06:29Once a year, when they have a general cleaning,
06:32the gintos that fall from the roof,
06:35even the ones that stick to the shoes of the workers,
06:39they collect all of them.
06:42That's how precious the gintos are.
06:44Wow!
06:46And you will also make bottles.
06:48So when it becomes like that, Jane, what's next?
06:52Chemical refining.
06:53So it will be put in a reactor with acid.
06:58And the finished product,
07:01gold bars.
07:03It's really real.
07:05I just held a gold bar.
07:08I can retire if I own all of these.
07:11So each of these gold bars,
07:15the price is 4.4 million plus.
07:18Because there are 50 gold bars in these two boxes,
07:23it's 220 to 222 million pesos, all of it.
07:29I also met a Filipino here
07:32who made her ginto dream come true here in Dubai.
07:35Mary Grace.
07:37Yup, me too.
07:39She was a huge live seller back then.
07:41Welcome back!
07:43But now,
07:45she owns a ginto store.
07:49Hi everyone, come inside the shop.
07:54These are our gold bars.
07:57We also have chains.
07:59Her stores are really affordable.
08:03We just sell them here.
08:05Price from the factory.
08:07She also sells diamonds here.
08:10This is our most expensive diamond.
08:14It's very, very rare.
08:16She has blue diamonds.
08:19Sometimes, it can reach up to 10 million dollars.
08:23It smells like a ginto.
08:26It's a 24 karat gold perfume.
08:29It has real gold.
08:31But before she started her business,
08:34she also went through trials.
08:37Mary Grace is from Abra.
08:40When I graduated from college,
08:42I got pregnant.
08:44It was a struggle.
08:46So that her children can have a place to call home,
08:49In 2009,
08:51she also started her business here in the Middle East.
08:54My first job here in Dubai was in a travel agency.
08:58Then,
09:00she fell in love with a housewife.
09:03And they got married.
09:05I was a full-time housewife.
09:07So I thought about how I can earn an income.
09:10This is large.
09:12Until she started live selling ukay-ukay in 2016.
09:16This is only five. It's beautiful.
09:18I was the only housewife in my room.
09:22I didn't know that I have a lot of customers.
09:26Even if she can earn her own money,
09:29it's not easy for Mary Grace to live abroad.
09:33Especially, she is far from her two children,
09:36and her first partner.
09:38I regret that I didn't go home when I graduated.
09:41Maybe that's the struggle of OFWs here.
09:45She has a sling.
09:47So that she can forget her sadness,
09:49Mary Grace stops her business.
09:52Our customers asked if we have gold.
09:55So I got an idea.
09:57Okay, why not add more gold.
10:00The buy and sell of this
10:02hit her minors.
10:05So from her small room,
10:08she opened a new one.
10:09She opened her own gold store in 2021.
10:13Because of her hard work,
10:15her eldest son, Zyra,
10:17is about to become a doctor.
10:20I brought them here,
10:22and I taught my son his dream course.
10:26Now, I can help all the needs of my family.
10:30Before, Mary Grace only sold one.
10:33Now, she has 10 live sellers.
10:36Be strong, and don't lose hope.
10:40It's not only the animals that live here in Dubai.
10:44It's also the heart and story of our hardworking countrymen.
10:50That is gold.
11:07And don't forget to hit the bell button
11:10for our latest updates.