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Gold purchase

Invest in gold

INVEST IN GOLD

THE SIMPLE, EASY WAY

Noor Bank offers you the facility to invest in gold. As an account holder, you can walk into any branch, have your account debited and purchase physical gold. We can even deliver the gold or store it for you at a nominal cost.

 

Features

  • In association with Dubai Multi Commodities Centre (DMCC). 
  • Coins minted by Argor-Heraeus, a leading Swiss refinery. Available in 4 denominations: 1 ounce, ½ ounce, ¼ ounce and 1/10 ounce. Gold purity: 99.99 (24 carat).
  • Kilo bars also available. Swiss Argor-Heraeus Gold/LBMA Gold/Emirates or Etihad Gold offered.
  • Collection of gold from vault with prior confirmation.
 

Charges

  • Delivery in Dubai/Sharjah: AED 650 (in 2 days, for gold value up to USD 1 million)
  • Delivery in Northern Emirates: AED 1,200 (in 2 days, for gold value up to USD 1 million)
  • Delivery outside UAE: Available on request
  • Storage (if applicable): 0.75% of gold value per annum
  • Arrangement fee: 0.5% of gold value