E-commerce platform for gold trading launched
Dubai, November 20, 2011
Gold Arab Emirate (Gold.AE) has launched the Middle East’s first physical trading platform for gold and silver, bringing e-commerce to the core of the region’s lucrative gold and silver market.
Gold.AE provides competitively priced, convenient and highly secured web-based services, while empowering market players across the region with 24-hour access to state-of-the-art technology in bullion trading, said a statement.
Licensed by Dubai Multi Commodities Centre (DMCC), Gold.AE primarily provides spot trading of gold and silver bullion ranging from 1 ounce to 1 kg conforming to Dubai Good Delivery (DGD) standards.
The company offers greater transparency and stability with its guaranteed pricing scheme, reassuring customers that they will merely pay the stipulated rates upon transaction regardless of ensuing market price fluctuations, the statement said.
Gold.AE also has launched an E-shop that offers collectibles in gold and silver, Gold.AE signature products, and custom-designed coins, an exclusive service that features both machine and laser-engraved sketches.
Gold.AE also announced its partnership with the office of Prince Abdullah Bin Bandar Bin Abdulaziz, which recently had its license activated by the Dubai Gold & Commodities Exchange (DGCX).
Mohammad Jamal, CEO, Gold.AE, said: “Web-based bullion trading is an entirely new concept in the region, but it has huge potential as the preferred trading platform in light of the ongoing internet boom and the growing availability of powerful mobile computing devices. Leveraging the power of e-commerce and advanced trading technologies, Gold.AE introduces a wide range of innovative schemes in bullion investment, while making it a lot easier for market players to conduct trade activities anytime and anywhere.
“We have also employed seasoned bullion professionals whose expertise and experience further enhances our competitive edge over conventional trading platforms in the market. Moreover, Gold.AE serves as a complete one-stop, e-commerce solution as we also have a comprehensive E-shop to offer international brands in bullion products at comparatively low prices.”
Gold.AE offers a variety of advantages as a physical trading platform of choice, including its user-friendly online buying facility, uninterrupted trading opportunities, deliverable bullion denominations, secured and reliable custodians, no profit cuts and taxation on gains, low trading tariffs, and 24-hour availability, it said.
The company also offers industry-leading value-added services such as home delivery, special demo accounts for new users and multi-lingual customer service staff, said the statement.- TradeArabia News Service