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

Last updated:
Manoj Nair, Business Editor
1 MIN READ
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.
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.”

Manoj Nair
Manoj NairBusiness Editor
Manoj Nair, the Gulf News Business Editor, is an expert on property and gold in the UAE and wider region, and these days he is also keeping an eye on stocks as well. Manoj cares a lot for luxury brands and what make them tick, as well as keep close watch on whatever changes the retail industry goes through, whether on the grand scale or incremental. He’s been with Gulf News for 30 years, having started as a Business Reporter. When not into financial journalism, Manoj prefers to see as much of 1950s-1980s Bollywood movies. He reckons the combo is as exciting as it gets, though many will vehemently disagree.
Related Topics:

Sign up for the Daily Briefing

Get the latest news and updates straight to your inbox

Up Next