Dubai Precious Metals conference highlights importance of global sourcing integrity and need for investment in technology

  • Date: 22-Nov-2022
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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Dubai Precious Metals conference highlights importance of global sourcing integrity and need for investment in technology

- Global sourcing integrity is critical to the future of the industry: UAE Good Delivery Standard and Due Diligence Regulations for Responsible Sourcing of Gold to play a key role

- Emerging technologies such as tokenisation can make gold trading more transparent and accessible

- Hundreds of traders, regulators, industry bodies and exchanges attended the tenth edition of DPMC

Dubai, UAE: DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – successfully concluded the tenth edition of the Dubai Precious Metals Conference (DPMC), in partnership with the United Arab Emirates Ministry of Economy, today at Atlantis, The Palm, Dubai.

This year’s edition focused on four key themes – the future of precious metals trade, stepping up sourcing integrity, financialisation of the precious metals trade and resetting global price benchmarks.

Hundreds of traders, regulators, industry bodies and exchanges gathered to discuss these themes, with a particular emphasis on the need to continuously enhance sourcing integrity in the precious metals industry. The Ministry of Economy’s UAE Good Delivery Standard and recently updated Due Diligence Regulations for Responsible Sourcing of Gold are critical to the future of gold trading in the UAE and the industry as a whole, with all