Gold Investment Account Uae

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.

Gold investment account uae.

Live prices linked to trading in international interbank markets. It can be sold at any time and get a good profit. Open your account now bank with emirates nbd and. The gold market keeps fluctuating on a daily basis.

With our extensive regional wealth management expertise mashreq gold offers you an exclusive selection of investment opportunities in the region and around the world. Dubai is the land of the precious metal gold. Stored by emirates islamic bank on your behalf so that you don t have to worry about storage and safety. These days people prefer buying property and investing in bonds as a form of saving.

In a jar or zero interest bank account. 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. Issued in lieu of physical gold bars with specific gold bar numbers. With highly secure systems that protect your data and finances you won t have to worry about anything when you bank with us.

Open your gold investment account through our online registration form. Available in denominations of 100 grams 500 grams and 1kg. Top financial planners in uae share tips for investing it wisely. Gold is thus a good investment.

It is a safe investment that helps in the long run. Since the gold is held electronically you won t be subject to the inherent hassles and risks of storing and moving physical gold. 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. We will send you a user name password to your email to access your gold account.

These accounts do not come with any debit cards to discourage withdrawals. 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. Joining mashreq gold entitles you to a wide range of benefits. Gold is another form of saving which has a good resale value.

Funds and other traditional investments.