Gold is the oldest precious metal known to man and for thousands of years it has been valued as a global currency, a commodity, an investment and simply an object of beauty.
Bullion Bar
Get the purest gold bar.
Value Added Investment Bars
An effective way to diversify your investment portfolio
Gold Coins
Get the purest gold coins.
Key Characteristics
- Gold (Au) serves as both a monetary asset and a commodity, with significant global monetary reserve status.
- The majority of gold holdings are in central banks' reserves, private hands, and high-karat jewelry.
- A smaller portion is used in Western markets for jewelry and industrial purposes.
Global Market
Key hubs include London, Dubai, New York, Zurich, and Asian gateways like Singapore and Hong Kong.
Purity Standards
Gold purity measured in karats and fineness, with 24 karat being pure gold and 18 karat equating to 750 fineness.
Demand And Supply
- Recent surge in gold demand attributed to strong growth in jewelry demand, particularly in China and the UAE.
- Central banks becoming net purchasers of gold after 21 years.
- China leads gold production, followed by the US and South Africa.
- Total gold supply increased by 2%.
Influential Factors
- Gold demand influenced by macroeconomic factors, producer hedging, and commodity-specific events.
- In the UAE, demand heavily influenced by price levels and volatility.