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Gold
Our gold services
Setting the gold standard
DMCC serves the entire gold value chain, from research and refining to trading and investing. Until a decade or so ago, Dubai’s nickname as the City of Gold was due to its historic Gold Souk. But since DMCC began investing in world-class infrastructure and services, the volume of gold traded in Dubai has been rising. It now accounts for around 25% of global trade, most of it within our Free Zone.
No other gold centre in the world offers such a complementary industry cluster effect. Innovations include: the Dubai Gold and Commodities Exchange (DGCX), DMCC Tradeflow, a trade finance product; regional gold options trading; a Shariah-compliant hedge fund product; and the Dubai Good Delivery Standard, the only international standard for 1kg gold bars of .995 purity.
DMCC Vault
As part of our ongoing commitment to provide the most innovative infrastructure for our members in the gold and precious metals sector, the DMCC Vault provides safe, secure vaulting facilities that you can trust implicitly.
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UAE Bullion Coins
Following the success of DMCC’s “Visions of Dubai” gold coins, DMCC launched the ‘UAE Bullion Coins’, in April 2012 to celebrate the UAE’s achievements as a major gold trading hub. The UAE Bullion Coins build on Dubai’s reputation as the ‘City of Gold’ and support the growth and sustainability of the gold industry in the UAE.
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Accreditation initiatives
To maintain benchmarks that meet the highest international quality standards, we have developed two accreditation initiatives: the Dubai Good Delivery certification and the Market Deliverable Brand Initiative to certify compliance with high production values.
Responsible sourcing
In line with our commitment to ensure that gold traded in DMCC is responsibly sourced, we continuously look to adopt the latest international standards in risk-based due diligence and responsible supply chain management.
Latest gold news
Stay updated with our latest gold news
Gold in numbers
See the latest gold statistics
Table 1.1. Import of Gold
Volume in metric tons and values in USD (billions)
| Year | Volume | Value |
| 2012 | 937 | 45.2 |
| 2013 | 1,103 | 46.2 |
| 2014 | 959 | 35.9 |
| 2015 | 794 | 27.2 |
| 2016 | 941 | 34.1 |
| 2017 | 934 | 34.1 |
| 2018 | 1,157 | 41.4 |
| 2019 | 1,106 | 42.8 |
Source: Dubai Customs
The data has not been validated
Table 1.2 Export of Gold
Volume in metric tons and values in USD (billions)
| Year | Volume | Value |
| 2012 | 700 | 39.6 |
| 2013 | 548 | 25.6 |
| 2014 | 383 | 16.2 |
| 2015 | 545 | 20.3 |
| 2016 | 571 | 23.1 |
| 2017 | 581 | 22.7 |
| 2018 | 698 | 26.3 |
| 2019 | 649 | 26.9 |
Source: Dubai Customs
The data has not been validated