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Tag: Gold investments in Dubai

  • How To Invest in Gold And Gold Bullion

    How To Invest in Gold And Gold Bullion

    How To Invest in Gold And Gold Bullion

    Gold bullion is one of the best ways to invest money for many reasons, such as maintaining its value, which is increasing over time due to the high demand for the yellow metal almost in excess of its production rates. Senior investors and businessmen are always seeking to retain increasing quantities of gold bullion as one of the most profitable and safe investments at the same time

    What is a Gold bullion ?

    The gold alloy is a piece of pure gold, high purity 24 carats 99.99% purity and is found in many forms and has many different weights, it may be a gold alloy in the form of an ounce of gold (31.1 grams of gold) or in different weights ranging from 5 grams To a kilogram of gold.

    Gold bullion is the raw material in the manufacture of jewelry, jewelry, and other gold bullion. It is easy to trade, sell and buy easily and flexible.

    Where can I buy and sell gold bullion?

    For individuals, they can get bullion through goldsmiths and jewelers. For large traders and investors, gold bullion can be bought and sold by specialized companies. The purchase price of the alloy is in line with the price of the gram on this day.

    It is possible to purchase them in another way, by buying the gold bullion from gold traders. Some large gold stores in most countries have a place to display different shapes and weights of gold bullion that can be bought for individuals such as buying regular gold jewelry but there is a difference in how to calculate the price of the alloy The price of gold in jewelry according to the price of gold and the addition of the tax (stamp) in addition to the workmanship according to the price of each dealer or negotiate with him

    How can gold bullion sell?

    The gold bullion can be sold in the same way as selling to gold shops and traders. The price is based on the international price of gold now only without adding the commission.

    What is the difference between gold bars and jewelry on the one hand?

    When buying gold jewelry, traders add a factory price of grams that varies from one country to another and from one dealer to another according to the shape and the gold standard used. When selling this jewelry, the trader will deduct the price of the workmanship for each gram, that is, buy the gold without a factory, 10% of the price of gold when you buy, that is, if the purchase of gold jewelry worth $ 1000 if sold then its value is approximately $ 900.

    The gold bullion is different because it is not added to the price of a factory, but the commission of the merchant, which is the margin of profit from the sale, and when selling not lose much of its value, but the opposite when the price of gold and the sale of these alloys.

    How to invest in gold

      The first way

    It is known that the prices of gold on the stock exchange can change from moment to moment. This method is based on fast e-commerce. The investor opens a trading account in a global bank, electronic or brokerage companies that allow the investor to trade online and buy and sell transactions Through the computer or mobile phone, and can through the brokerage firm to identify specific numbers of sales and purchase, so that the investor to buy in the case of price drop to a certain extent, and selling in the case of boarding to get profits.

    The second way

    This is the way gold bullion is bought, through a gold-trading bank or gold bullion company, and the investor chooses a reputable company. These companies deliver gold bullion to the investor’s workplace or home, or the investor can place it as a deposit in the bank or the company and invest through it. There are also some of the largest stores in the world that allow its customers to buy pure gold bullion.

    Advantages of investment in alloys

    There are many advantages to investing in gold bullion without jewelry. The gold jewelry trade offers the investor a great loss. He buys gold plus the value of manufacturing and forming, while in the case of selling it to a trader, that value, which is about ten percent of the price, is deducted.

    Speculation in global markets carries the same risk of currency trading across the stock markets as the price of gold can fall very sharply in less than a minute because of a news spread around the world or for some other reason, which puts the trader at a heavy loss when he has to sell to avoid more losses or wait for price recovery that can take a long time.

    In general, investment in gold is one of the best investments at all, but it is considered that investment in gold is a long-term investment meaning that you should not sell the gold you bought before the passage of at least 5 to 10 years at least to ensure that you have a percentage of profit Good.

  • Gold flowing to Dubai in a sign from last year

    Gold flowing to Dubai in a sign from last year

    Gold flowing to Dubai in a sign from last year

    Gold began flowing to Dubai In a sign since last year to store it in the center of the Dubai Multi Commodities Centre, as a result of the unstable security situation in the region on the one hand, and the high cost of storing gold in Swiss banks on the other hand.

    This shift in storage after both the “UPS” and “Credit Suisse”, which lead market store gold in Switzerland, raised the prices of storage because of the high costs resulting from the application of standards “Basel 3” and which took effect on January(January) and will remain in place until 2019.
    Bankers said that the cost of storing gold rose to double after a pat on the banks to calculate its market value by 100 per cent, while that was calculated by 50 per cent in the past on the grounds that it is unallocated assets.

    Cabinets consist of gold in DMCC of five underground layers and one layer below sea level. To enter the cupboards customer must undergo strict security measures include crossing four portals at least and the descent of an unknown number of floors in the elevators.

    The gold is stored in a huge cabinet along with silver alloy and cages filled with bags of jewelry and precious wardrobe of watches.

    In UAE, currently traded gold material over the phone with foreign exchanges, and are buying and selling most of the gold in London via the London Stock Exchange for metals, but in recent years has increased the volume of gold material inside and out to and from Dubai, which led to a large number of companies precious metals to open offices in Dubai.

    During the past year through Dubai about $ 70 billion of gold material and left the emirate worth about 53 billion dollars of gold, making it the largest export commodity, has been dealing with a value of $ 29.4 billion of gold futures contracts in DGCX in the same period, up 42per cent from 2011.

    Dubai has emerged as one of the cheapest places to handle gold futures contracts where fees are margin on such contracts traded on DGCX and goods much less than many of the prospective exchanges around the world.

    In order to trade one contract size 100 an ounce on the Comex Exchange in New York, for example, the trader must pay a margin or a fee of around 12,600 dollars. In Dubai, holds a 32-ounce contract worth $ 1,300 margin that is the 100-ounce contract would cost four thousand dollars.

    The margin of dealing gold futures contracts on the Mumbai Stock Exchange of goods in India is about 4 percent, according to traders.

    And saw the gold trade in the sub-continent blow since the beginning of the year due to the Indian government’s decision to raise tariffs on imports of gold. India raised the tax on gold from 4 per cent to 6 per cent in an attempt to reduce the record budget deficit.

    Traders said in Dubai The Indian step is expected to lead to a greater transmission of trading activity from India to the UAE.