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.

The DGAG

The Dubai Gold Advisory Group (DGAG) is a group of precious metals industry experts who advise on setting trade standards and leveraging growth opportunities in Dubai’s bullion and jewellery markets.

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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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Latest gold news

Stay updated with our latest gold news

Upcoming events

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Your trusted team

A responsive and responsible team you can trust

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.

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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.

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Gold in numbers

See the latest gold statistics

Table 1.1. Import of Gold

Volume in metric tons and values in USD

Year Volume Value
2011 745 32,994,264,551
2012 937 45,240,328,702
2013 1,103 46,213,889,248
2014 959 35,928,013,641
2015 794 27,245,565,834
2016 Jan-Sept 690 25,053,267,345
Table 1.2 Export of Gold

Volume in metric tons and values in USD

Year Volume Value
2011 450 22,880,893,845
2012 700 39,594,219,539
2013 548 25,622,375,028
2014 383 16,156,010,914
2015 545 20,260,076,599
2016 Jan-Sept 422 17,200,233,315