The Dubai Multi Commodities Centre (DMCC) successfully concluded the Dubai Precious Metals Conference (DPMC) 2025, welcoming over 1,000 delegates from around the world, reaffirming Dubai’s position as a leading global hub for precious metals, trade innovation, and financial markets. As the official media partner, The New Jeweller captured the key announcements and strategic insights that are set to shape the future of the global precious metals industry.

Opening Address: DMCC Announces New Era of Luxury Innovation & Financial Infrastructure

In his opening remarks, Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, highlighted the Centre’s continued commitment to elevating global trade standards. He unveiled updates on the DMCC Luxury Innovation Centre, positioned as an international platform leveraging technology to enhance transparency and operational efficiency across the luxury sector. He noted that the ecosystem already supports 1,800+ member companies, underscoring DMCC’s role in strengthening value chains, compliance systems, and innovation-driven growth.

Ahmed Bin Sulayem further reiterated that the Dubai Gold & Commodities Exchange (DGCX), its Clearing Corporation, Tradeflow, and FiNX remain central pillars of Dubai’s commodities architecture—ready to support the next era of global finance, digital precious metals, and structured trade.

LBMA & World Gold Council Leaders Call for Industry Unity, Action & Digital Transformation

Ruth Crowell, CEO of the London Bullion Market Association (LBMA), delivered a powerful message on strengthening governance and industry-wide collaboration. “We challenge our own norms and ensure every stakeholder contributes to the path forward. We are not the police - we are the builders of a transparent industry,” she stated, reinforcing LBMA’s commitment to responsible sourcing and global standards.

Representing the World Gold Council, David Tait, CEO, outlined breakthroughs in creating a digitally enabled wholesale gold market. He announced that the WGC is working with all major banks active in gold to introduce a digital representation of physically allocated gold, paving the way for a new gold-backed asset class.

Central to this vision is the Standard Gold Unit, which Tait described as a transformative step to enhance transparency, improve liquidity and bridge stablecoin shortcomings. “This phygital model will attract market participants with significant capital flows,” he said.

Global Outlook: Markets Poised for Cyclical Upswing
Renowned world gold market commentator Grant Williams offered insights on global macroeconomic cycles. He highlighted that while the sector is currently in a "cyclical trough," indicators point toward an upcoming rise in global market conditions.

He noted the structural shift in the U.S. economy where equities now account for 49% of household assets in 2025, contributing to historically high household incomes. These dynamics, he suggested, will have ripple effects across commodities, including gold.

Panels Spotlight Tokenization, Digital Commodities & Unified Global Guidelines

Throughout the conference, delegates explored emerging themes shaping the industry’s next decade:

• Tokenization of precious metals
• Evolution of digital commodities
• Supply chain transparency
• Regulatory harmonization and unified guidelines
• Trade challenges across global markets

Industry leaders, policymakers, and innovators debated pathways to balancing compliance with commercial viability while pushing for a secure, technology-led future.

Closing Remarks: DMCC Reaffirms Support for Industry Growth In his closing address, Ahmed Bin Sulayem highlighted DMCC’s expanding role in supporting the 1,500+ companies currently operating in the precious metals cluster.

In his closing address, Ahmed Bin Sulayem highlighted DMCC’s expanding role in supporting the 1,500+ companies currently operating in the precious metals cluster. He emphasized continuous efforts toward infrastructure development, regulatory trust, and innovation.

Historic Moment: World’s Largest Silver Bar Unveiled

One of the most noteworthy moments of DPMC 2025 was the unveiling of the world’s largest silver bar by DMCC and Sam Precious Metals. Weighing an extraordinary 1,971 kilograms, the bar has been officially recognized as a Guinness World Record, symbolizing Dubai’s unmatched capability in global precious metals leadership.