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GOLD.AE Poised for international leadership from Dubai Gold AE is incorporated in the UAE and is an award winning business specializing in the online trading of deliverable Gold and Silver. It is licensed by the Dubai Multi Commodities Centre (DMCC) which is a Government’s initiative to monitor and facilitate commodities trading in the region. Gold AE is led by an experienced management team with significant industry experience in the trading of precious metals with the business well positioned to capitalize on the significant growth opportunities that exist in its target market. According to the DMCC, in 2013, almost 40 per cent of the world’s physical gold trade came through Dubai with the value of total gold traded through growing from $6 billion in 2003 to $75 billion last year with Dubai internationally recognized as a strategic hub between producing and consuming nations. In addition to its presence in Dubai, Gold AE has branches in Abu Dhabi (UAE), Jordan, Turkey, Switzerland and affiliations in Qatar, Saudi Arabia and Egypt. Gold AE owns a majority stake in GOLDBANK S.A.C, a Peruvian entity which holds a license to explore a series of five mining concessions in Peru. Gold AE recently announced a strategic partnership with Gold to go, the worldwide pioneer in direct sales of gold and silver via vending machines. Under the collaboration, Gold AE has obtained the right to manage and supply gold to these unique vending machines in the UAE and is in line with the company’s goal to promote the use of technology in the trading of precious metals. Gold AE is a subsidiary of Gold Holding which is also incorporated in Dubai and regulated by the Dubai International Financial Centre. Through its complimentary businesses Gold Holding offers a fully integrated ‘gold service’ from the mining and refining of precious metals direct through to the distribution of bullion; coins and bars for example, all supported by Gold AE’s online trading platform. This trading technology can also be ‘white labelled’ for institutions, banks and brokerages with ‘gold standard’ protection for trading customers. In an exclusive media interview with Mr.Mohammad Adnan Younis, Director of GOLD.AE - 'The New Jeweller' discussed the future plans and growth of the Organisation in the Gold Bullion sector. Excerpts from the interview: Q. Gold.AE has been an important player in the E Commerce of Gold and Silver Bullion in the Middle East. What are the key factors that have been instrumental in taking Gold.AE to a leadership position? Q. Tell us about the growth in trading volumes for the Year 2014 in terms of Gold and Silver Bullion and what is your target for the year 2015 [in % age]? Can you elaborate on the strength of technology that goes behind making Gold.AE a robust trading platform? Q. Tell us something about your ‘Market Research Department’ and how instrumental has it been in transferring knowledge to the benefit of your clients and customers? Q. You have an interesting line up of branch offices globally. Can you elaborate on the importance of the offices in Abu Dhabi, Switzerland, Jordan, Hong Kong, Turkey and how has it impacted the global presence in terms of daily trading on Gold.AE platform? Q. How secured are Gold.AE trading vaults to store physical gold. Please elaborate on the warehousing and insurance strategy of Gold.AE? Q. Gold is experiencing a volatile phase. What is your advice to investors in this scenario? Q. With Platinum and Palladium showing promising growth opportunities, will Gold lose its lustre on e commerce? |