Gold Certificates Gold Certificates

Gold Certificates

The better way to own Gold

Buy and sell Gold bars at live prices linked to international markets and enjoy the most transparent pricing. Emirates Islamic Bank has tied up with world-class custodians, so you don't have to worry about storage, theft or protection costs. What's more, you can sell or take back the physical Gold bars from Emirates Islamic Bank any time you want.

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Daily Gold Price

Date April 16, 2024
Customer buys Gold bars at AED 280.53* per gram
Customer sells at AED 279.53* per gram

Last 5 days variations:

Benefits

  • Issued in lieu of physical Gold bars, with specific Gold bar numbers .
  • Stored by Emirates Islamic Bank on your behalf, so that you don't have to worry about storage and safety
  • Live prices linked to trading in international interbank markets
  • Available in denominations of 100 grams, 500 grams and 1kg
  • Complete flexibility to sell the Gold or take physical Gold bars any time during the term of the Gold Certificates

Features and Pricing

  • Flexible denominations - 100 grams in 999.9 fineness;500 grams and 1kg in 995 fineness
  • Attractive and transparent fee structure
  • Low minimum investment - 300 grams

At the time of buying

  • Processing fees: 1.0% of purchase value (for 500 grams and above, otherwise 1.25 %).
  • Certificate issuance / reissuance charges - AED 100

At the time of selling

  • Storage and takaful fee
    • 0.3% p.a. of sales value (up to 5 years)
    • 1.0% p.a. on sale value for incremental period (above 5 years)
  • Gold selling charges: 0.5% of sale value (Physical return - no selling charges)

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