Daily Gold Price

  • Date: August 02, 2020
  • Customer buys Gold bars at: AED 207.15* per gram
  • Customer sells at: AED 206.15* per gram
  • Whatsapp:: +952--- --- ---

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)