Gold Investment Account Uae

It is a safe investment that helps in the long run.

Gold investment account uae. The gold investment account is the first of its kind in the region and facilitates retail banking customers to invest in gold savings without the additional risk and costs associated with storing and moving physical gold. Funds and other traditional investments. Gold is another form of saving which has a good resale value. With our extensive regional wealth management expertise mashreq gold offers you an exclusive selection of investment opportunities in the region and around the world.

Gold is thus a good investment. Your dedicated relationship team will provide you with a faster. Available in denominations of 100 grams 500 grams and 1kg. Stored by emirates islamic bank on your behalf so that you don t have to worry about storage and safety.

Your gold account will allow you to buy sell and redeem your physical gold and other precious metals through our state of the art technology. The gold market keeps fluctuating on a daily basis. Since the gold is held electronically you won t be subject to the inherent hassles and risks of storing and moving physical gold. With highly secure systems that protect your data and finances you won t have to worry about anything when you bank with us.

We will send you a user name password to your email to access your gold account. Dubai is the land of the precious metal gold. It can be sold at any time and get a good profit. Live prices linked to trading in international interbank markets.

In a jar or zero interest bank account. Open your account now bank with emirates nbd and. These accounts do not come with any debit cards to discourage withdrawals. Issued in lieu of physical gold bars with specific gold bar numbers.

First of its kind in the uae this account is similar to any other foreign currency account designated with the currency code xau and denominated in troy ounces reflecting how gold is traded internationally. These days people prefer buying property and investing in bonds as a form of saving. Credit proceeds from sale of gold into your rakbank account physical gold redemption will be allowed from select rakbank branch currently physical redemption requests through digital banking and branch request are restricted. Our gold investment account is designed to provide you with utmost convenience and flexibility.

According to mahmoud qazi a 57 year old manager at a travel and tourism company based in dubai.