In line with its drive to promote highest global standards in product and service development as well as greater transparency, DMCC developed the Dubai Good Delivery (DGD) standard for the gold industry. The DGD standard is an initiative backed by the Government of Dubai for improving the market infrastructure.
The DGD standard improves the tradability and distribution of small gold bars and enhances the reputation of approved refineries. It is the adopted standard for gold and silver bars in the region and by ultimately increasing confidence in the quality of gold bars for the local and regional markets, it in turn creates extra trade finance activities.
Refiners of gold bars that conform to DGD standards are added to the Dubai Good Delivery List which is maintained by DMCC. Approved bars will also meet delivery requirements for the Dubai Gold & Commodities Exchang (DGCX) thus easing processes for active market participants.
The Dubai Good Delivery List of approved international and regional refineries includes AGR Matthey of Asutralia, Argor-Heraeus SA, Johnson Matthey Hong Kong Limited, PAMP SA, PT Antam of Jakarta, Rand Refinery Limited of South Africa, Valcambi SA, Metalor SA and Emirates Gold Refinery DMCC. For a detailed list, please contact [insert name, position and details here]
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