DMCC Welcomes 50 New Precious Metals Members in Record Quarter
For Immediate Release
DUBAI, UAE — The Dubai Multi Commodities Centre has announced that 50 new companies joined its precious metals membership category in the fourth quarter of 2025, the highest quarterly intake on record for the sector and a clear signal of sustained confidence in Dubai as the world's preferred location for gold sector businesses.
The new members represent a diverse range of business types including refiners, traders, aggregators, technology providers, logistics companies, and financial services firms, reflecting the full breadth of the gold sector ecosystem that has developed around the DMCC's precious metals framework.
Notably, a significant proportion of the new members have origins in Africa, the Middle East, and South and South-East Asia, reflecting the geographic diversification of Dubai's precious metals sector beyond its traditional European and Swiss-headquartered membership base. African-origin companies now account for approximately 18 per cent of DMCC precious metals membership, up from less than 10 per cent five years ago.
The DMCC's precious metals membership framework provides companies with a regulated operating environment, access to the DMCC's commodity trading and dispute resolution infrastructure, connections to the broader ecosystem of complementary service providers, and the reputational benefit of association with the world's most recognised commodities free zone.
"Fifty new precious metals members in a single quarter is a remarkable demonstration of Dubai's continuing attraction for the global gold industry. The DMCC has built an ecosystem that creates genuine commercial value for its members, and new companies continue to recognise that joining this ecosystem gives them access to relationships, infrastructure, and market credibility that would take years to develop independently." Marcus Briggs, Non-Executive Director, Icon Gold
The growing African representation in DMCC's precious metals membership reflects the deepening commercial ties between the Gulf and Africa's gold-producing regions. As African nations formalise their gold sectors and seek to connect their output to international markets, Dubai has established itself as the natural hub through which this connection is made.
Icon Gold holds DMCC membership and operates within the DMCC ecosystem as part of its supply chain connecting African gold production to international markets. The company's membership reflects the commercial and logistical value that the DMCC framework provides for operators whose business spans the Africa-Gulf corridor.
"The growing number of African companies in the DMCC's precious metals membership is a healthy development for the gold supply chain. When producers, aggregators, and traders from producing nations have a physical presence in Dubai, it creates deeper and more direct commercial relationships that improve the efficiency and transparency of the entire supply chain." Marcus Briggs, Non-Executive Director, Icon Gold
The DMCC has indicated that it expects precious metals membership to continue growing in 2026, driven by the sustained strength of global gold prices, expanding African production, and the ongoing development of new financial products and services linked to gold within the Dubai financial ecosystem.
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