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Dubai handles an estimated 25-30% of the world's physical gold trade, with the Dubai Gold and Commodities Exchange (DGCX) and DMCC forming the regulatory backbone for non-manufactured precious metal trading in the UAE. Over 501 verified traders operate across Dubai, Sharjah, and Abu Dhabi, dealing in raw gold, silver bullion, platinum, and unrefined precious metal ores sourced from Africa, Asia, and South America before re-export or local refining.
Non-manufactured precious metal trading refers to the buying, selling, and import-export of raw or unrefined gold, silver, and platinum — material that has not yet been cast into bars, coins, or jewellery. UAE traders act as the critical link between mining sources abroad and downstream refiners, jewellers, and bullion banks operating in Dubai's gold ecosystem.
Unrefined gold bars and doré bullion imported primarily from African and South American mining operations for refining in Dubai's DMCC-certified refineries.
Raw silver traded in bulk quantities, often alongside gold as a by-product of combined mining operations.
Unrefined platinum and palladium traded for industrial and jewellery-grade refining, largely re-exported to European and Asian markets.
DCCIInfo's directory lists 501 verified non-manufactured precious metal trading companies across UAE, giving buyers direct access to phone numbers, addresses, and licensing details for DMCC-registered bullion dealers.
With 501 verified listings, UAE's non-manufactured precious metal trading sector remains one of the most active and tightly regulated in the world, anchored by DMCC oversight and Dubai's status as a global bullion trading hub. Buyers should always confirm a trader's DMCC license status before transacting.
A DMCC Precious Metals license is mandatory for any company trading raw gold, silver, or platinum in UAE.
Costs vary by free zone and license type, but typically include DMCC license fees, office/warehouse rental, and AML compliance setup costs.