In Oman, the jewellery market is currently in a state of adjustment following the major "Oman Celebrates" national promotional campaign that concluded in mid-February. As of February 23, 2026, shoppers can still find significant retailer-specific deals, particularly on making charges, as brands prepare for the upcoming Ramadan season.
Top Brand & Retailer Offers (February 2026)
Joyalukkas Oman
Joyalukkas is currently running "The Biggest Jewellery Sale of the Year", which offers substantial savings across their Muscat and Salalah showrooms:
* Making Charge Discount: Enjoy a flat 40% OFF on making charges (V.A.) for an extensive range of gold, diamond, platinum, and silver jewellery.
* Selection: This offer applies to over a million designs, ranging from traditional heritage pieces to modern global collections.
* Online Exclusives: Up to 40% off on diamond pendants and 20% off on gemstones when shopping via their digital portal.
Kalyan Jewellers
* Gold Coin Raffle: For every OMR 150 spent on uncut, precious stone, or diamond jewellery, customers receive raffle coupons (2 for stones, 3 for diamonds).
* Prizes: A total of 50 gold coins (5g each, 22K) are being given away to winners during the current promotion period.
* Wedding Special: They are currently highlighting their bridal collections with flexible payment and booking options for the spring wedding season.
Malabar Gold & Diamonds
* Free Gold Coins: Customers are eligible for Free Gold Coins upon purchasing diamond or precious gem jewellery worth a specific threshold (typically OMR 250+).
* Price Protection: Use their 10% advance booking scheme to lock in current gold rates and protect yourself against the recent price volatility.
* Buyback Policy: They continue to offer a 100% exchange value on 22K gold, allowing you to upgrade older pieces to new 2026 designs without value loss.
Damas Jewellery Oman
* Promotional Codes: For online purchases, shoppers can use codes like ALCOUPON or ACC90 to receive an instant 5% discount on full-priced items and new collections.
* Shipping: Enjoy free delivery on all luxury jewellery orders placed within the Sultanate.
Current Gold Rates in Oman (February 23, 2026)
Gold prices in Oman have seen a firm upward trend this week, staying near record levels. Retail rates per gram in Omani Rial (OMR) are:
* 24K Gold: ~OMR 64.75
* 22K Gold: ~OMR 60.45
* 21K Gold: ~OMR 57.70
* 18K Gold: ~OMR 49.50
Shopping Tips for Oman
* Negotiation (The "Ujra"): While branded showrooms have set discounts, independent jewellers in the Muttrah Souq or Ruwi High Street are often more flexible. You can frequently negotiate the making charge (Ujra) down by an additional 10–15% if paying in cash.
* Hallmarking: Oman has strict government oversight on gold purity. Always check for the official Ministry stamp to ensure the gold matches its stated carat.
* Tax-Free Gifting: There is no VAT on gold investment bars in Oman, making them a popular choice for those looking to hedge against inflation. For jewellery, ensure you receive a detailed invoice that breaks down the gold price and the labor charge.
* Post-Campaign Window: Since the "Oman Celebrates" national discount period ended on February 11th, many retailers are offering "shadow deals" to maintain footfall. It is always worth asking if a store can still match the campaign prices for high-value purchases.
Top Brand & Retailer Offers (February 2026)
Joyalukkas Oman
Joyalukkas is currently running "The Biggest Jewellery Sale of the Year", which offers substantial savings across their Muscat and Salalah showrooms:
* Making Charge Discount: Enjoy a flat 40% OFF on making charges (V.A.) for an extensive range of gold, diamond, platinum, and silver jewellery.
* Selection: This offer applies to over a million designs, ranging from traditional heritage pieces to modern global collections.
* Online Exclusives: Up to 40% off on diamond pendants and 20% off on gemstones when shopping via their digital portal.
Kalyan Jewellers
* Gold Coin Raffle: For every OMR 150 spent on uncut, precious stone, or diamond jewellery, customers receive raffle coupons (2 for stones, 3 for diamonds).
* Prizes: A total of 50 gold coins (5g each, 22K) are being given away to winners during the current promotion period.
* Wedding Special: They are currently highlighting their bridal collections with flexible payment and booking options for the spring wedding season.
Malabar Gold & Diamonds
* Free Gold Coins: Customers are eligible for Free Gold Coins upon purchasing diamond or precious gem jewellery worth a specific threshold (typically OMR 250+).
* Price Protection: Use their 10% advance booking scheme to lock in current gold rates and protect yourself against the recent price volatility.
* Buyback Policy: They continue to offer a 100% exchange value on 22K gold, allowing you to upgrade older pieces to new 2026 designs without value loss.
Damas Jewellery Oman
* Promotional Codes: For online purchases, shoppers can use codes like ALCOUPON or ACC90 to receive an instant 5% discount on full-priced items and new collections.
* Shipping: Enjoy free delivery on all luxury jewellery orders placed within the Sultanate.
Current Gold Rates in Oman (February 23, 2026)
Gold prices in Oman have seen a firm upward trend this week, staying near record levels. Retail rates per gram in Omani Rial (OMR) are:
* 24K Gold: ~OMR 64.75
* 22K Gold: ~OMR 60.45
* 21K Gold: ~OMR 57.70
* 18K Gold: ~OMR 49.50
Shopping Tips for Oman
* Negotiation (The "Ujra"): While branded showrooms have set discounts, independent jewellers in the Muttrah Souq or Ruwi High Street are often more flexible. You can frequently negotiate the making charge (Ujra) down by an additional 10–15% if paying in cash.
* Hallmarking: Oman has strict government oversight on gold purity. Always check for the official Ministry stamp to ensure the gold matches its stated carat.
* Tax-Free Gifting: There is no VAT on gold investment bars in Oman, making them a popular choice for those looking to hedge against inflation. For jewellery, ensure you receive a detailed invoice that breaks down the gold price and the labor charge.
* Post-Campaign Window: Since the "Oman Celebrates" national discount period ended on February 11th, many retailers are offering "shadow deals" to maintain footfall. It is always worth asking if a store can still match the campaign prices for high-value purchases.
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