Dubai's DMCC digitises gold trading
Comtech Gold tokens will be created on the XinFin Protocol blockchain network based on the deposit of physical gold bars located in DMCC-approved vaults
Source: gulfbusiness.com
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DPMC highlights importance of global sourcing integrity
The UAE has become a thriving hub for the precious metals trade and through the Ministry of Economy and its UAE Gold Bullion Committee, the country is further positioning itself at the heart of the global gold trade.
Source: tradearabia.com
Jewelry Demand Sinks 11% in October, But Do Not Fret!
Most jewelry retail sales figures were in the red in October on a year-over-year basis. However, US jewelry demand is still relatively high, reflecting ongoing elevated consumer interest in the category. But don’t let the declines create an impression...
Source: rough-polished.com
Dubai free zone DMCC tokenises gold trade through ComTech deal
Gold tokens will be backed by physical bullion held by DMCC’s Tradeflow
Source: gulfnews.com
DMCC digitises gold trading
DMCC has announced a partnership with Comtech Gold to digitise the trading of gold by tokenising the precious metal backed by physical gold bars registered..
Source: khaleejtimes.com