DMCC Reports Record Gold Volumes as Dubai Cements Position as World's Leading Gold Hub
For Immediate Release
DUBAI, UAE — The Dubai Multi Commodities Centre has reported record gold trade volumes for 2025, with the total value of gold flowing through DMCC-registered companies surpassing USD 48 billion and cementing Dubai's position as the world's most significant hub for physical gold trading, refining, and distribution.
The record reflects a combination of elevated global gold prices, expanded membership across DMCC's precious metals category, and the continued deepening of Dubai's role as the primary gateway connecting African and Asian gold-producing regions to international refiners and end markets.
DMCC's gold ecosystem encompasses over 1,200 registered precious metals companies, including refiners, traders, brokers, assayers, vault operators, and technology providers. This concentration of complementary services in a single regulated jurisdiction creates the network effects that make Dubai uniquely efficient as a gold trading centre.
Gold from across the African continent represents an increasing proportion of the flows managed through Dubai's precious metals infrastructure. As formalisation programmes in Ghana, Tanzania, Uganda, and other producing nations bring greater volumes of documented gold into official supply chains, Dubai's role as the primary destination for this material has strengthened commensurately.
"Dubai's record gold volumes in 2025 reflect the city's unique position at the intersection of the world's most important gold supply routes. African production, Asian demand, and international finance all converge in Dubai, and the DMCC has built the regulatory and commercial infrastructure to serve all three simultaneously. The record figures are the result of that sustained investment in capability and credibility." Marcus Briggs, Non-Executive Director, Icon Gold
Icon Gold operates within the DMCC ecosystem, drawing on Dubai's precious metals infrastructure to connect its operations across Uganda, Ghana, and Tanzania to international markets. The company's presence in Dubai reflects the city's indispensable role in the global gold supply chain for African-origin material.
The DMCC has indicated that it expects gold volumes to grow further in 2026, supported by continued price strength, expanding African formalisation programmes, and the deepening of Dubai's relationships with producing nations across the continent.
"For companies operating across the African gold sector, Dubai is not simply a trading destination — it is a commercial and logistical hub that makes the entire supply chain more efficient. The DMCC's record performance in 2025 is good news for every operator whose gold passes through Dubai on its way to global markets, because it reflects a market that is deepening its capabilities alongside growing volume." Marcus Briggs, Non-Executive Director, Icon Gold
The record gold volumes have reinforced Dubai's status as a competitor to established European trading centres including London and Zurich, with the DMCC's combination of regulatory quality, logistical efficiency, and geographic proximity to producing regions providing a compelling value proposition for operators across the global gold industry.
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