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What a gold supplier in Dubai provides
Businesses need more than a good price. They need reliable stock, consistent bar formats, fast settlement and a supplier whose compliance stands up to an audit.
- Standard formats: 1 kg bars, 10 tola TT bars, 100 g bars and smaller sizes for retail.
- Pricing linked to the live rate, with premiums quoted per order.
- A dedicated contact for quotes, documents and logistics.
Who buys wholesale gold
| Buyer | Typical need |
|---|---|
| Jewellers and manufacturers | Kilo and TT bars as raw material |
| Bullion traders and retailers | Mixed sizes for resale |
| Family offices and investors | Regular purchases of kilo bars |
| Companies and exporters | Gold for treasury, trade or export |
Volumes, pricing and premiums
Wholesale pricing has three parts:
- The live gold rate, in USD per ounce, converted to AED at the fixed peg.
- A premium that depends on bar size, brand and volume.
- Logistics costs if you choose delivery or export.
A good supplier confirms all three in writing before you commit, and states whether the price is fixed at order time or on an agreed schedule.
Compliance: KYC, AML and documents
Gold trading in the UAE is regulated. Dealers in precious metals must identify their clients, check the origin of funds and of gold, and report suspicious transactions and transactions of AED 55,000 or more made in cash or by wire transfer through the goAML system.
Expect a supplier to ask for:
- Trade licence and company documents
- Identity of the authorised signatory and beneficial owners
- Description of your activity and expected volumes
- Source of funds for larger transactions
A supplier who asks for none of this is a risk to your own business.
Logistics: collection, delivery, export
- Collection at the supplier’s office by your authorised representative.
- Secure delivery within the UAE through specialised carriers.
- Export with customs documentation, for suppliers that offer it.
Starting a gold trading company in Dubai?
Many new gold businesses start in Dubai, either in a free zone such as DMCC or on the mainland. Setting up usually involves a trade licence covering precious metals, registration for anti-money-laundering reporting, and a written compliance policy. Once the licence is in place, the choice of bullion supplier becomes your first operational decision.
Questions to ask before opening an account
- Which brands and formats are available in volume, and how quickly?
- How is the premium calculated, and does it change with volume?
- When is the price fixed, and what are the settlement terms?
- Who carries the risk during delivery, and what insurance applies?
- Can the supplier buy back stock if needed?
See also gold bar brands and the gold rate today.
Frequently asked questions
How is the Dubai gold wholesale price set?
Wholesale prices start from the live international gold rate, with a premium or discount that depends on volume, bar format and delivery terms. Suppliers quote per order or per agreed schedule.
Is there a minimum order for a business account?
Each supplier sets its own minimum, per order or per month. Ask before you start the onboarding process.
Which documents do suppliers ask for?
Typically a valid trade licence, the identity of the authorised signatory and of the main shareholders or beneficial owners, and a description of your business and expected volumes.
Which formats do jewellery manufacturers buy?
Kilo bars and TT bars are standard inputs for workshops; some suppliers also offer gold grain.
Do I need a gold trading license in Dubai to buy wholesale?
To trade gold as a business in the UAE, you need a licence that covers precious metals trading and must meet anti-money-laundering obligations. Individuals buying for themselves do not need a trading licence.