Throughout history, Dubai, often referred to as the ‘City of Gold’, has played a significant role in the growth and development of the global gold market, and DMCC in particular has been instrumental in establishing Dubai’s status as a premier gold and precious metals hub.
With its close proximity to gold’s main markets – India, China and Turkey – the Emirate is conveniently situated on the world map to channel gold from the international market to its ultimate destination. With more than 130 countries serving as gold import partners, Dubai connects trade flows to and from the Indian subcontinent, South East Asia, Europe and Africa.
Dedicated to the growth and promotion of Dubai as a global gold trading centre, the Dubai Multi Commodities Centre Authority (DMCC) has created custom built infrastructure and services to support the international precious metal trade, by integrating the refining, manufacturing and trading of gold and precious metals in accordance to the highest global standards.
DMCC offers a purpose-built precious metals vault, jewellery manufacturing facilities, refineries and assayers, as well as land in its master development, the Jumeirah Lakes Towers Free Zone, for start-up refineries.