UAE reviews plans to launch federal gold trading platform
- Date: 17-Apr-2021
- Source: The National
- Sector:Financial Markets
- Country:UAE
UAE reviews plans to launch federal gold trading platform
The UAE is reviewing plans to launch a federal platform for gold trading to strengthen the country's role in the global gold and jewellery market.
Technical plans for the platform and for establishing a comprehensive database of all of the main players in the country's gold industry were reviewed at a meeting of the Emirates Gold Bullion Committee, chaired by minister of state for foreign trade Thani Al Zeyoudi.
The committee also reviewed the progress being made with the introduction of the UAE Good Delivery Standard, a quality benchmark for the production
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