Gold: UAE investors can now buy refinery-grade products after O Gold deal

Investment app offers buyers access to 'certified' gold products from Emirates Gold

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Stock Gold bullion / bar
Gold has been a top choice for retail investors in the UAE. Now, they get a chance to tap refinery-grade products after the o Gold-Emirates Gold tie up.
AFP

Dubai: Want to buy gold as investment direct from a refinery in the UAE? Now, you can.

Through a new partnership with Emirates Gold, the UAE refinery, investors using the O Gold app can do just that – buy certified gold products at ‘refinery-direct rates’. O Gold, which is an investment platform allowing access bullion-linked products, currently has 75,000 active users.

Gold’s price increases – and especially this year – have created more options when it comes to investing in the metal. Trading platforms confirm that buying gold on fractional basis has become a major investor preference.

The O Gold and Emirates Gold partnership ‘marks a significant step forward in making precious metals investment more accessible - and transparent - for everyday investors in the UAE’.

According to Bandar Alothman, founder of O Gold, "We are committed to democratizing access to precious metals, and this collaboration with a highly respected refinery like Emirates Gold directly addresses that goal. Our users can now be assured of the authenticity, quality, and competitive pricing of their gold investments.”