a) Dubai Gold Advisory Group
DMCC works closely with its regional and international partners to promote the highest global standards in product and service development, while simultaneously encouraging greater transparency to the benefit of all market participants.
The Dubai Gold Advisory Group (DGAG) is an official body created and chaired by DMCC to support and enhance the development of the gold sector in Dubai and the UAE. The DGAG provides the region’s key industry representatives with a forum at which to interact and discuss areas of potential for the gold industry in Dubai and the UAE.
The Dubai Gold Advisory Group welcomes any input from the trade or public on any issues relating to the local gold industry. Please feel free to contribute by contacting DMCC on-.
Tel: +971 4 433 6711
Fax: + 971 4 375 1896
b) Dubai Gold & Commodity
DGCX (Dubai Gold & Commodity Exchange) is an initiative of the Dubai Multi Commodities Centre (DMCC), Financial Technologies (India) Limited and the Multi Commodity Exchange of India Limited (MCX). The Management team of DGCX comprises senior personnel from the commodities, securities and financial services industries bringing a wealth of experience and expertise to ensure the success of DGCX. DGCX’s range of futures contracts offers participants of the physical commodities markets, such as producers, manufacturers and end users, with a sophisticated means of hedging their price risk exposure. For more information on DGCX, click here
DMCC Tradeflow was launched in February 2012 as an electronic system that provides access to the central registry of ownership for commodities stored in Dubai. Its robust legal framework, combined with the DMCC’s role as the platform registrar, stimulates commodity trade by offering enforceable collateral based trade finance solutions for regional and international financiers. Through the online platform, owners of goods stored in rated warehouses can request warehouse keepers to issue “DMCC Tradeflow Warrants” that represent the ownership of their goods. These warrants can be used by the owners to pledge beneficial ownership or transfer title of the stored goods to financiers as collateral in return for working capital. For more information on Tradeflow, click here
e) Industry Statistics
DMCC is dedicated to the growth and promotion of Dubai as a global centre for the trade of gold and precious metals, diamonds, and commodities. Data with regard to the sectors is a vital tool and it is our intention to provide these numbers and additional local industry statistics that are being compiled. For more information on the trade statistics for gold, click here