Gold Standard DMCC is a limited liability company incorporated in the Dubai Multi Commodities Centre, Dubai, United Arab Emirates, under commercial licence no. 31234. Gold Standard DMCC (formerly known as Yusuf Nonoo Jewellery prior to the acquisition and subsequent re-structuring of the company) has a strong investor base with participants sharing a significant common interest in the bullion markets. This provides a stable and complementary shareholder base with harmonized interests in the company’s growth ambitions.

Operating out of offices in the heart of the gold souk in both Dubai and Bahrain, and staffed by an experienced team of seasoned bullion professionals, Gold Standard DMCC has an established reputation as a leading market participant in the gold markets of the gulf.

The main activity of Gold Standard DMCC is in physical gold bullion and associated hedging products. Products associated with Gold Standard DMCC include, inter alia :-

• Metal Trading Facility (“MTF”)
• Location Swaps
• Physical Delivery Worldwide
• Scrap Refining

Physical metal is primarily supplied by Standard Bank Plc. Standard Bank Plc is a wholly owned subsidiary of Standard Bank Group, a leading global emerging markets bank with headquarters in Johannesburg, South Africa. Standard Bank Plc is a member of the London Stock Exchange, the London Bullion Market Association, the London Metal Exchange and the London Platinum and Palladium Market as well as being chairman of the London Platinum and Palladium Fix. The physical metal supplied by Standard Bank is sourced from diverse parts of the world including South Africa, The United Kingdom, Switzerland, Australia and the Americas. Gold Standard DMCC is therefore able to provide physical gold, silver, platinum and palladium to a wide client base primarily within the Middle East, North Africa and the Indian sub-continent.

Gold Standard DMCC has a service agreement with Brinks Global Services, an international contract carrier of money, precious metals and other valuable property, whereby Brinks has a branch in Gold Standard DMCC’s premises and is responsible for providing secured transport, storage, handling and shipment of valuables that are imported to and exported from the United Arab Emirates to destinations worldwide.