#Bullion Trading in Dubai
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apmintldmcc · 2 years ago
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APM Intl DMCC offers a wide range of services including buy gold bar in Dubai, gold coins and gold bullion in Dubai. https://bit.ly/3nr9ybC
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rizanbullion · 2 months ago
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A Blooming Investment.🌸 The Flower Gold Bar from Rizan Jewellery is an elegant symbol of growth and prosperity. Customize it to add a personal touch to your financial bloom.✨
Visit: www.rizanjewellery.com Contact: +971 58 936 6018
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apmbullion · 2 years ago
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The History And Future Of Bullion Trading Dubai
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Dubai has long been known as the city of gold, and for good reason. With its thriving bullion trading industry, it has become a hub for investors looking to buy or sell precious metals like gold and silver. But how did Dubai come to be such an important player in the global bullion market? And what does the future hold for this fascinating industry? In this blog post, we'll take a closer look at the history of bullion trading in Dubai, explore some of the key players in the market today, and offer insights into what may lie ahead for investors interested in buying or selling gold and silver bullion in this exciting city. So buckle up - we're about to explore one of Dubai's most intriguing industries!
The Impact Of Global Events On Bullion Trading In Dubai
Over the years, Dubai has become a key player in the global bullion market due to its strategic location and favorable business environment. However, like any other industry, bullion trading Dubai is not immune to the impact of global events. In fact, it is often greatly affected by them.
For instance, during times of political or economic uncertainty around the world, investors may turn to gold as a safe haven asset. This can lead to an increase in demand for gold bullion in Dubai and subsequently drive up prices. Similarly, if there are major fluctuations in currency exchange rates or interest rates globally, this can also have an impact on bullion trading activity.
Another factor that can influence bullion trading trends is changes in government policies related to taxation or import/export regulations. For example, if the UAE were to introduce new taxes on imported gold or silver products from certain countries such as India - one of Dubai's main sources for precious metals - this could affect supply and demand dynamics within the local market.
It's clear that global events play a significant role in shaping the landscape of bullion trading activities within Dubai. As such, investors must stay abreast of these developments and be prepared to adjust their strategies accordingly based on changing market conditions.
APM Bullion - The Perfect Destination For Purchasing Gold And Silver Bullion In Dubai
When it comes to purchasing gold and silver bullion in Dubai, APM Bullion is the perfect destination for investors and collectors alike. APM Bullion is a well-established dealer of precious metals with years of experience in the industry.
One thing that sets apart APM Bullion from other dealers in Dubai is their commitment to quality. They only sell gold and silver bullion products that have been authenticated by internationally recognized organizations such as the London Bullion Market Association (LBMA) or the Swiss Federal Mint.
APM Bullion has an extensive collection of gold and silver coins, bars, and rounds from around the world. Their inventory includes popular items like American Gold Eagles, Canadian Maple Leafs, South African Krugerrands, Australian Kangaroos, Chinese Pandas, among others.
Another advantage of buying from APM Bullion is their competitive pricing. They offer some of the best prices on gold and silver bullions in Dubai due to their strong relationships with suppliers worldwide.
APM Bullion provides excellent customer service. Their knowledgeable staff can assist customers in selecting the right product based on their investment goals or collecting preferences. The team also offers advice on market trends and precious metal storage options.
If you’re looking for a reliable dealer for your gold and silver bullions needs in Dubai, consider visiting APM Bullion's showroom located at Al Karama Center near BurJuman Metro Station or visit their website apmbullion.com today!
Understanding The Differences Between Gold And Silver Bullion In Dubai
Gold and silver bullion are two of the most popular forms of investment in Dubai. While both metals share similar qualities, they also have some notable differences.
Firstly, gold is a more expensive metal than silver. This means that when it comes to purchasing bullion, gold will always be priced higher than silver based on weight or volume. However, this also means that gold tends to hold its value better during times of economic uncertainty.
Secondly, while both metals are considered safe-haven assets, gold is often seen as the ultimate hedge against inflation and currency fluctuations. Silver has similar properties but tends to be more volatile due to its industrial applications.
When it comes to storage and transportability, silver is easier to handle because it's less dense and lighter in weight compared to gold. This makes it ideal for smaller investments or for those who need portability.
Understanding the differences between gold and silver bullion can help investors make informed decisions about their portfolios. Whether you choose gold or silver depends on your investment goals and risk tolerance level.
Apm Bullion - Rakesh Rajdev Company For Gold And Silver Bullion Trading
It's clear that bullion trading Dubai has a rich history and an even brighter future. And if you're looking for the perfect destination to purchase gold and silver bullion in Dubai, APM Bullion is the way to go.
Not only does APM Bullion offer high-quality products at competitive prices, but it also provides exceptional customer service. The company's founder, Rakesh Rajdev, has built a reputation for integrity and transparency in all his dealings.
Whether you're new to bullion trading or a seasoned investor, APM Bullion can guide you through the process with ease. With its vast selection of gold and silver bars and coins from around the world, there's something for everyone at this reputable establishment.
So why wait? Visit APM Bullion today to experience firsthand why it's the top choice for gold and silver bullion trading in Dubai.
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bargold12 · 5 months ago
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The Growing Popularity of Gold Bar Investments in the UAE
Investing in pamp gold has long been considered a haven for investors worldwide, offering stability and security during uncertain economic times. In the UAE, the allure of gold is particularly strong due to the region’s rich history with the precious metal and its status as a global trading hub. This blog explores why gold bar investment in the UAE is gaining traction and how investors can make informed decisions.
Why Invest in Gold Bars? 1. Stability and Security Gold is known for its ability to maintain value over time, making it a popular choice for preserving wealth. Unlike stocks or real estate, which can be subject to market volatility, buy gold bullion a stable investment that can protect against inflation and currency fluctuations.
2. Tangible Asset valcambi gold bars are a tangible asset that investors can physically hold, providing a sense of security that digital investments cannot match. This tangibility is particularly appealing in a world of unpredictable financial markets.
3. Portfolio Diversification Investing in gold bars can diversify an investment portfolio, reducing risk by offsetting potential losses in other asset classes. Gold often performs well when other markets struggle, providing a balancing effect.
The UAE Advantage 1. Tax-Free Investment One of the key benefits of investing in gold bullion bar price in the UAE is the tax-free environment. Investors can purchase gold without worrying about capital gains taxes, which can significantly impact overall returns.
2. Access to High-Quality Gold The UAE is renowned for its high-quality gold, with Dubai often referred to as the “City of Gold.” Investors can access a wide range of gold bars from reputable dealers, ensuring the authenticity and purity of their investments.
3. Strong Market Infrastructure The UAE’s robust market infrastructure supports gold trading, with numerous exchanges and platforms facilitating the buying and selling of gold bars. This accessibility makes it easier for investors to enter and exit the market as needed.
Factors to Consider Before Investing 1. Purity and Weight When purchasing gold bars, it’s essential to consider their purity and weight. Look for bars that are at least 99.5% pure, commonly known as 24-karat gold, to ensure you are getting the highest quality.
2. Reputable Dealers Choose reputable dealers with a proven track record in the gold market. Conduct thorough research and verify their credentials to avoid potential scams or counterfeit products.
3. Storage and Insurance Consider the storage and insurance of your gold bars. Secure storage is crucial to protect your investment, and insurance can provide additional peace of mind against theft or loss.
4. Market Trends Stay informed about market trends and factors influencing gold prices, such as geopolitical events, economic data, and currency fluctuations. Understanding these trends can help you make informed investment decisions.
Steps to Invest in Gold Bars in the UAE Research and Education Educate yourself about the gold market, investment strategies, and the factors influencing gold prices. Knowledge is key to making informed decisions.
Set Investment Goals Define your investment goals, whether long-term wealth preservation, short-term gains, or portfolio diversification. Clear objectives will guide your investment strategy.
Choose a Reputable Dealer Select a reputable gold dealer in the UAE with a strong market presence and positive customer reviews. Verify their credentials and ensure they offer high-quality gold bars.
Monitor Market Trends Keep an eye on market trends and economic indicators that could impact gold prices. Stay informed to make timely investment decisions.
Secure Storage and Insurance Arrange for secure storage of your gold bars and consider insurance to protect against potential risks. Proper storage is essential to safeguard your investment.
Conclusion Gold bullion price investment in the UAE offers numerous advantages, from tax-free benefits to access to high-quality gold. By considering factors such as purity, reputable dealers, and market trends, investors can make informed decisions that align with their financial goals. As the UAE continues to be a global leader in the gold market, investing in gold bars remains a viable and attractive option for preserving wealth and securing a stable financial future.
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alabnews · 4 years ago
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Nepal’s dubious bullion connection with companies in Dubai
Kathmandu. FinCEN Files has unveiled the names of companies trading in smuggled gold in Dubai. A study of the transactions of those companies has also revealed that those companies have exported gold to Nepal too. It has been found that Kaloti Jewellery Internationsal DMCC and Viren Jewellers, accused of gold smuggling in Dubai, have been exporting gold to Nepal.
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Chuda Mani Upreti, alias ‘Gore’, the main accused of the ’33 kg gold smuggling incident’ of January 2018 has given a statement in the District Court Morang that he used to make most of his gold purchases at Viren Jewellers. In another instance, the FinCEN papers have shown dubious transaction between Kaloti Jewellery and Sasta Trading of Balkumari, Lalitpur Sub-Metropolitan City-8.
According to a disclosure made by International Consortium of Investigative Journalists (ICIJ), an international network of investigative journalists on the basis of the documents prepared by FinCEN, the Kaloti Jewellery International DMCC of Dubai made illegal purchases of gold from countries in conflict and from other illicit sources related to theft, smuggling and criminal activities.
It has been exposed through the FinCEN Files that Sasta Trading Company Limited belonging to Tribhuvandhar Tuladhar, chair of Nepal China Chamber of Commerce and Industries, used to buy gold from this company dealing in illegal trade and import to Nepal.
A study of the Nepali gold transactions with these companies, conducted by Investigative Journalism Center of Nepal, shows that the ’33 kg gold incident’ is also linked with international gold smuggling racket. Studies show that Viren Jewellers and Kaloti Jewellery, with which Gore and Sasta Traders traded respectively, are interrelated.
The corona pandemic caused a heavy decrease in gold import the previous fiscal year. What is noteworthy, however, is that out of the 2 thousand 400 kg gold, 1 thousand 650 kg has been imported from Dubai.
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newera365 · 10 days ago
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How to Trade or Invest in Gold
Gold trading has a long history in the United Arab Emirates, especially in Dubai, which is frequently referred to as the "City of Gold." Dubai is a desirable place for gold traders due to its sophisticated infrastructure, tax-free trading environment, and strategic location. Bullion, ornaments, futures, and contracts for difference (CFDs) are just a few of the ways that investors can trade or invest in gold in the United Arab Emirates. Currently, there are both physical and online trading alternatives available. 
Both retail and institutional investors can access the gold market through the services of a number of gold trading companies in UAE. These companies act as agents to make it possible for investors to buy, sell, and even store gold in various forms. If you are a novice or even an experienced gold trader, Newera Capital Markets Limited, also referred to as Newera 365, is an excellent place to start. With a combined expertise of more than 50 years, the management of Newera 365 offers a user-friendly trading platform, a wide range of financial products, and strong risk management systems. This guarantees that you have the tools and resources necessary to reach your financial objective.
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salonimehtaa · 2 months ago
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informativearticlesforyou · 2 months ago
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What Influences Gold Bullion Prices in UAE?
If you are looking to buy gold bars in Dubai, one of the most important things you need to understand is how the gold bullion price in UAE is determined. Gold prices fluctuate frequently, influenced by a range of local and global factors. As the UAE is a major hub for gold trading, especially in Dubai, which is often referred to as the “City of Gold,” it's crucial to comprehend the key drivers behind these price movements.
1. Global Economic Conditions
Gold has long been considered a "safe-haven" investment. When the global economy faces uncertainties—whether it’s due to inflation, recessions, or geopolitical tensions—investors tend to flock to gold. This increased demand drives up prices. In times of stability, however, investors may prefer riskier assets like stocks, which can lead to a decline in gold prices.
For example, during the COVID-19 pandemic, the uncertainty surrounding global markets caused a surge in gold prices as people sought the security of tangible assets. Similarly, geopolitical tensions in key regions often push gold prices upward as investors anticipate market instability.
2. USD Strength and Currency Exchange Rates
Gold is primarily traded in U.S. dollars on the international market. This means that the price of gold is directly influenced by the strength of the dollar. When the U.S. dollar weakens, gold prices typically rise. Conversely, when the dollar strengthens, gold prices may drop.
In the UAE, which pegs its currency (AED) to the U.S. dollar, the strength of the dollar also impacts the gold bullion price in UAE. If you plan to buy gold bars in Dubai, it's useful to keep an eye on both international gold prices and the value of the U.S. dollar relative to other currencies.
3. Demand and Supply in the UAE
The demand for gold in the UAE, especially in Dubai, is a key driver of local prices. Dubai's status as a global gold trading hub attracts millions of buyers from around the world, including tourists, investors, and jewelers. Seasonal factors like holidays and festivals such as Diwali, Eid, and the Dubai Shopping Festival also play a significant role in boosting gold demand during certain times of the year.
When demand rises, the gold bullion price in UAE tends to increase, and when it falls, prices may stabilize or decrease. In addition to consumer demand, the supply of gold in the market also plays a role. Supply can be impacted by factors like mining output, changes in central bank gold reserves, or disruptions in gold supply chains due to geopolitical or environmental factors.
4. Interest Rates and Inflation
One of the key reasons people choose to buy gold bars in Dubai is because gold is often seen as a hedge against inflation. When inflation rises, the purchasing power of paper currencies tends to fall, making gold more attractive as it retains its value over time.
Interest rates also have a significant impact on gold prices. When interest rates are high, people may prefer to invest in interest-bearing assets like bonds, which can cause gold prices to fall. Conversely, lower interest rates make gold a more attractive investment option, pushing its price higher.
In the UAE, inflation and interest rates often mirror global trends, which means that local gold prices are similarly influenced by these factors.
5. Central Bank Policies
Central banks play an important role in the gold market. They hold gold reserves as part of their overall strategy for maintaining economic stability. When central banks increase their gold reserves, this can drive up demand, subsequently raising the price of gold. On the other hand, when they sell gold from their reserves, it can result in a drop in prices.
In recent years, central banks in various countries, including emerging markets, have been increasing their gold reserves as a safeguard against currency fluctuations and economic instability. This has supported higher global gold prices, including the gold bullion price in UAE.
6. Market Speculation and Investment Trends
Gold is not just bought for jewelry or physical holdings. It's also heavily traded as a commodity in global financial markets. Speculation by investors, hedge funds, and traders can create price volatility. For example, during times of economic uncertainty or bullish sentiment in precious metals markets, large institutional investors may increase their holdings in gold, causing a surge in prices.
With Dubai being a global center for gold trading, local markets are particularly sensitive to such fluctuations. If you are planning to buy gold bars in Dubai, it’s important to stay updated on global gold market trends, as speculation can lead to sudden and significant changes in prices.
7. Import Duties and VAT
Although Dubai is famous for its low taxes, the introduction of Value Added Tax (VAT) on gold products in the UAE has had a mild impact on gold prices. However, in many cases, VAT is either refundable for tourists or adjusted for investors, which helps maintain Dubai’s competitive edge in the global gold market.
Customs duties and other regulatory changes in gold-producing and exporting countries can also impact the gold bullion price in UAE. For example, any increase in import duties by gold-exporting nations can make gold more expensive for local buyers in Dubai.
Conclusion
Understanding what influences the gold bullion price in UAE can help you make informed decisions when you buy gold bars in Dubai. From global economic conditions to local demand and supply, various factors play a role in determining the price of gold. Staying updated on these trends will help you better time your investment and make the most of this precious commodity. Gold continues to be one of the most secure and valuable assets globally, and with Dubai’s standing as a major gold trading hub, it's a highly attractive market for anyone looking to invest in gold.
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shubham0399 · 2 months ago
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Vintage Bullion DMCC: A Beacon of Excellence in Precious Metals and Beyond
Vintage Bullion DMCC has cemented its status as a leader in the world of precious metals and commodities trading. Established in September 2003, within the Dubai Multi Commodities Centre (DMCC), Vintage Bullion DMCC was set up with a clear objective: to excel in the trading of precious metals. Over the past two decades, the company has expanded its horizons by diversifying into precious stones, jewellery, and non-ferrous metals, emerging as a premier force in the region's commodities industry. This blog explores the journey of Vintage Bullion DMCC, its strategic diversification, and how it continues to set benchmarks in a highly competitive global market.
The Significance of DMCC and the Rise of Vintage Bullion
When Vintage Bullion DMCC was incorporated, the DMCC was still in its formative years, created to foster the growth of the commodities market in Dubai and elevate the city's standing as a global commodities hub. As one of the first companies to initiate operations within DMCC in October 2003, Vintage Bullion DMCC leveraged the free zone’s comprehensive infrastructure, tax incentives, and strategic location. The company's founders saw the potential in Dubai’s booming commodities market and built Vintage Bullion into a well-recognized name across the industry.
From the outset, Vintage Bullion focused on precious metals trading, particularly gold and silver. Dubai’s reputation as the “City of Gold” provided the perfect environment for such an endeavor. As gold became synonymous with wealth and security, Vintage Bullion DMCC thrived by positioning itself as a trusted supplier and trader in the region and beyond.
Diversification into Precious Stones and Jewellery
Recognizing that success in the commodities market often lies in diversification, Vintage Bullion DMCC expanded into trading precious stones and jewellery. The luxury markets of Dubai, coupled with global demand for high-quality diamonds, sapphires, and emeralds, created an opportunity that Vintage Bullion was quick to seize. By broadening its product offerings, the company not only catered to a larger clientele but also fortified its revenue streams.
Jewellery trading, in particular, allowed Vintage Bullion DMCC to tap into Dubai’s role as a global luxury destination. The emirate is home to a thriving jewellery market, driven by international tourists and residents with a strong appetite for high-end products. Vintage Bullion DMCC capitalized on this by offering a diverse range of products that appeal to different tastes and markets.
Entering the Non-Ferrous Metals Market
One of the key turning points in Vintage Bullion DMCC’s evolution was its strategic entry into the non-ferrous metals sector. Non-ferrous metals, which include aluminum, copper, and lead, play a crucial role in industrial applications. As economies grow and industrial activities intensify, the demand for these metals increases. Sensing this opportunity, Vintage Bullion DMCC expanded into this segment to diversify its operations further and tap into an expanding market.
The global shift towards sustainability, renewable energy, and electric vehicles has also boosted demand for non-ferrous metals. Vintage Bullion’s decision to diversify into this sector has positioned it well to capitalize on these trends. As industries invest more in technologies that rely heavily on metals like copper and aluminum, Vintage Bullion DMCC has established itself as a reliable supplier capable of meeting the rising demand.
Industry Recognition and Memberships
One of the critical factors that bolster Vintage Bullion DMCC's standing in the commodities market is its association with internationally renowned organizations. The company is an associate member of the London Bullion Market Association (LBMA) and a full clearing member of the Dubai Gold and Commodities Exchange (DGCX). These memberships are significant in the highly regulated and scrutinized world of precious metals trading.
The LBMA is the global authority for the over-the-counter bullion market and sets the standard for ethical and transparent trading. Vintage Bullion’s association with LBMA highlights its commitment to adhering to the highest standards of integrity, security, and transparency in the precious metals industry. This affiliation ensures that Vintage Bullion DMCC is regarded as a trustworthy partner in the international bullion market, where reputations are built on ethical business practices and rigorous compliance.
Likewise, its full clearing membership with the DGCX allows Vintage Bullion DMCC to clear and settle trades efficiently. This membership offers significant advantages, including direct market access and the ability to streamline operations for clients looking to trade in commodities derivatives. With these credentials, Vintage Bullion DMCC continues to earn the trust and confidence of global clients.
Long-Term Investments and Real Estate Ventures
In addition to its core commodities trading business, Vintage Bullion DMCC has prudently diversified its investments into long-term assets. One of the most notable areas of investment is the company's involvement in real estate funds across the Middle East. Dubai’s booming property market has long been a magnet for investment, and Vintage Bullion DMCC’s foray into this sector aligns with its strategy of securing stable, long-term returns.
Real estate in Dubai is a key pillar of the city’s economy, attracting both regional and international investors. Vintage Bullion DMCC’s substantial shareholdings in various regional real estate funds offer a safeguard against volatility in the commodities market. This diversification into real estate provides the company with a balanced and resilient investment portfolio, enhancing its ability to navigate market fluctuations while maintaining steady growth.
A Team of Industry Leaders
The success of Vintage Bullion DMCC is underpinned by the strength and expertise of its management team. The company is led by a highly qualified group of professionals with robust academic credentials and extensive experience in their respective fields. This leadership team brings a wealth of knowledge in commodities trading, investment strategies, and risk management, ensuring that the company remains agile and competitive in a fast-evolving global market.
What sets Vintage Bullion apart is not just the technical expertise of its team but also its ability to adapt to new market conditions. The team’s forward-thinking approach has enabled the company to identify opportunities for growth, such as entering the non-ferrous metals market and expanding its investment portfolio into real estate. This proactive leadership has been key to Vintage Bullion’s sustained success and its ability to thrive in both good and challenging market conditions.
The Road Ahead: Expanding Horizons
Looking towards the future, Vintage Bullion DMCC is well-positioned to continue its upward trajectory. The commodities market is in a constant state of evolution, shaped by factors such as technological advancements, environmental sustainability, and global economic shifts. As the world transitions to cleaner energy and electric mobility, the demand for both precious and non-ferrous metals will likely continue to rise.
Vintage Bullion DMCC’s strategic foresight in entering the non-ferrous metals market aligns with these trends, providing the company with new avenues for growth. Meanwhile, its core business of precious metals trading remains robust, supported by global demand for gold and other safe-haven assets, particularly in times of economic uncertainty.
Conclusion
Vintage Bullion DMCC’s journey is a testament to its vision, strategic thinking, and commitment to excellence. From its humble beginnings in 2003, the company has grown into a powerhouse within the DMCC, diversifying its trading portfolio to include precious metals, stones, jewellery, and non-ferrous metals. Along the way, it has garnered the trust of the global market through its affiliations with industry bodies such as the LBMA and DGCX, while also securing its future through investments in real estate.
As Vintage Bullion DMCC continues to expand its horizons, it remains a beacon of excellence in the commodities industry, setting benchmarks for others to follow. With a strong leadership team and a diverse portfolio of assets, the company is poised for continued growth in the years to come.
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rizanbullion · 2 months ago
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Rizan Jewellery is one of the best gold bullion shop in Dubai, bullion dealers in Dubai, and precious metal dealers, and Dubai gold dealers, gold trading, gold coins all across UAE.
Visit: www.rizanjewellery.com Contact: +971 58 936 6018
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sellandbuygold · 3 months ago
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Where can I sell investment bars in Dubai?
In Dubai, there are several places where you can sell investment bars (such as gold or silver bars). Here are some of the most reputable options:
Gold Souk (Deira): This is one of the oldest and most popular gold markets in Dubai. There are numerous dealers and shops here where you can sell gold and silver bars. Make sure to visit a few to get the best price.
Bullion Dealers: Companies like Rizan Bullion, DMCC Bullion Exchange, and other registered bullion dealers in Dubai offer competitive rates for buying gold and silver bars. These dealers are experienced and provide transparent pricing.
Jewelry Stores: Many well-known jewelry retailers in Dubai, such as Malabar Gold & Diamonds, Joyalukkas, and others, often buy gold and other precious metals. However, their buy-back prices might differ, so it’s good to compare.
Banks: Some banks in Dubai offer precious metal buy-back services, especially if you purchased the bars directly from them. Emirates NBD and other banks might have such services, but it’s advisable to check with them directly.
Online Marketplaces: Platforms like Dubai Gold & Commodities Exchange (DGCX) offer online trading options for gold and silver. Additionally, websites like UAE Bullion also allow you to buy and sell investment bars online.
Auction Houses: For high-value bars, auction houses like Christie’s in Dubai may be an option if you’re looking to reach a broader audience of buyers.
Gold Testing Centers: Before selling, you can visit a gold testing center in Dubai to verify the purity of your bars, which can help in getting a better price from buyers.
Visit: sellandbuygold.me
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24x7activenews · 4 years ago
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Nepal’s dubious bullion connection with companies in Dubai
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Kathmandu. FinCEN Files has unveiled the names of companies trading in smuggled gold in Dubai. A study of the transactions of those companies has also revealed that those companies have exported gold to Nepal too. It has been found that Kaloti Jewellery Internationsal DMCC and Viren Jewellers, accused of gold smuggling in Dubai, have been exporting gold to Nepal.
Chuda Mani Upreti, alias ‘Gore’, the main accused of the ’33 kg gold smuggling incident’ of January 2018 has given a statement in the District Court Morang that he used to make most of his gold purchases at Viren Jewellers. In another instance, the  FinCEN papers have shown  dubious transaction between Kaloti Jewellery and  Sasta Trading of Balkumari, Lalitpur Sub-Metropolitan City-8.
According to a disclosure made by  International Consortium of Investigative Journalists (ICIJ), an international network of investigative journalists on the basis of the documents prepared by FinCEN, the Kaloti Jewellery International DMCC of Dubai made illegal purchases of gold from countries in conflict and from other illicit sources related to theft, smuggling and criminal activities.
It has been exposed through the FinCEN Files that Sasta Trading Company Limited belonging to Tribhuvandhar Tuladhar, chair of Nepal China Chamber of Commerce and Industries, used to buy gold from this company dealing in illegal trade and import to Nepal.
A study of the Nepali gold transactions with these companies, conducted by Investigative Journalism Center of Nepal, shows that the ’33 kg gold incident’ is also linked with international gold smuggling racket. Studies show that Viren Jewellers and Kaloti Jewellery, with which Gore and Sasta Traders traded respectively, are interrelated.
The corona pandemic caused a heavy decrease in gold import the previous fiscal year. What is noteworthy, however, is that out of the 2 thousand 400 kg gold, 1 thousand 650 kg has been imported from Dubai.
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feedyourmind1031 · 6 months ago
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Forex, Bullion, Bulk Commodities, and Trading in Asia
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Introduction
Asia, the world's largest continent, is a key player in global trading markets. Its diverse economies and strategic hubs make Asia a leader in forex, bullion, and bulk commodities trading. This article explores these vital sectors and highlights Asia's significant influence on global trade.
Forex Trading in Asia
The forex market in Asia is characterized by high liquidity and considerable volatility. Leading trading centers like Tokyo, Hong Kong, and Singapore drive the region's forex activities. Economic activities in major economies such as China, Japan, and India cause significant market movements.
Key Features:
High Liquidity: Large trading volumes ensure ample liquidity, facilitating smooth transactions.
Volatility: Economic data releases and geopolitical events often cause significant price movements, presenting opportunities for traders.
Time Zone Advantage: Asia's trading hours overlap with those of Europe and the Americas, creating a continuous trading cycle.
Bullion Trading in Asia
Bullion trading, particularly in gold and silver, is deeply rooted in many Asian cultures. Major bullion markets in Asia include Shanghai, Mumbai, and Dubai. Gold remains a preferred investment asset, driven by both cultural demand and market dynamics.
Key Markets:
Shanghai Gold Exchange: The largest physical gold exchange globally, playing a crucial role in setting benchmark prices.
India: One of the largest consumers of gold, influenced by cultural and religious practices, significantly impacts global gold prices.
Dubai: Known as the "City of Gold," Dubai is a pivotal trading hub for gold and other precious metals.
Bulk Commodities Trading in Asia
Bulk commodities such as iron ore, coal, and agricultural products are essential to Asia's industrial and economic activities. The continent's rapid industrialization and urbanization, particularly in China, drive substantial demand for these commodities.
Key Commodities:
Iron Ore: Critical for steel production, with major imports from Australia and Brazil.
Coal: Vital for energy production and industrial processes, with significant imports from Indonesia and Australia.
Agricultural Products: Asia is a major importer of soybeans, corn, and palm oil, essential for food security and industrial uses.
Reputable Trading Markets
Among these prominent trading hubs, Global Femic Services has emerged as one of the most reputable trading markets in Asia. Known for its reliability and integrity, Global Femic Services  provides state-of-the-art trading platforms and comprehensive market insights. Traders and investors worldwide trust GFS for its transparent operations, competitive pricing, and exceptional customer support, solidifying its position as a cornerstone of Asia's trading landscape.
Conclusion
Asia's prominence in forex, bullion, and bulk commodities trading underscores its vital role in the global economy. With dynamic markets, strategic trading hubs, and growing demand for various commodities, Asia continues to shape global trading patterns and influence market trends. As the continent progresses, its impact on the world of trading will undoubtedly expand further.
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newera365 · 10 days ago
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How to Trade or Invest in Gold
Gold trading has a long history in the United Arab Emirates, especially in Dubai, which is frequently referred to as the "City of Gold." Dubai is a desirable place for gold traders due to its sophisticated infrastructure, tax-free trading environment, and strategic location. Bullion, ornaments, futures, and contracts for difference (CFDs) are just a few of the ways that investors can trade or invest in gold in the United Arab Emirates. Currently, there are both physical and online trading alternatives available. 
Both retail and institutional investors can access the gold market through the services of a number of gold trading companies in UAE. These companies act as agents to make it possible for investors to buy, sell, and even store gold in various forms. If you are a novice or even an experienced gold trader, Newera Capital Markets Limited, also referred to as Newera 365, is an excellent place to start. With a combined expertise of more than 50 years, the management of Newera 365 offers a user-friendly trading platform, a wide range of financial products, and strong risk management systems. This guarantees that you have the tools and resources necessary to reach your financial objective.
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quick-news · 9 months ago
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Mahadev App Case: Hawala operator Hari Shankar Tibrewala enters the Indian markets hall of infamy
The Dubai-based hawala operator is wanted by ED for allegedly manipulating the stocks of over two dozen small-cap companies whose shares have fallen steeply over the last few months.
Hari Shankar Tibrewala, a shadowy Dubai-based hawala operator, is the latest to join a long list of individuals whose actions have led to seismic movements in the Indian stock market. Tibrewala is alleged to have manipulated stocks of over two dozen small-cap companies whose shares have fallen steeply over the last few months. While the man now has the directorate of enforcement (ED) on his tail for operating money laundering networks that funnel funds into the Indian markets, investors have already lost hundreds of crores.
This latest instance of market manipulation shows despite the best efforts of regulators, markets remain vulnerable to finagling by unscrupulous individuals. It is a trend that has continued uninterrupted for over 150 years.
Possibly, the first-known instance of one man playing an outsized role in a market collapse in the country dates back to 1863 when Premchund Roychand, often referred to as the Bullion King and Cotton King of the time, triggered a massive 80 percent fall in the Indian markets over a period of months. Roychand, who was instrumental in setting up the Native Share and Stock Brokers Association (today’s Bombay Stock Exchange) back in 1875, was no scamster.
However, he did exploit the huge demand for cotton from India created by the American Civil War of 1861 to trade cotton futures using investors’ money. All was well until the end of the civil war in 1865 when the bubble burst and dozens of brokers and investors who had followed his lead went bankrupt while the Chartered Presidency Bank of Bombay and the Asiatic Banking Corporation collapsed.
Over the years, other minor scams kept hitting the Indian market at regular intervals, but till the early 1980s, volumes were low, which meant that the falls didn’t really impact most people. A rare occasion when a market activity grabbed the attention of the nation was in 1982 when a bear cartel based in Bengal and led by Manu Manek, who was so powerful at the time that he was nicknamed Black Cobra, took on the rising star of Indian business, Dhirubhai Ambani.
At that stage, the markets followed a 14-day settlement period, which allowed bears like Manek to short lakhs of shares of RIL. As a consequence, its share price dropped nearly 10 percent in just a matter of hours. Typically, shortsellers make their money on such falls in a stock’s price, and Manek carried out the manoeuvre successfully with many other companies. But in Dhirubhai, he met his match.
The RIL founder rallied his friends and family to pick up the company’s shares from the open market, sending its price surging. When the day of reckoning arrived, and the bear cartel had to produce the shares that had been bought, they didn’t have the shares. In the resultant chaos, the BSE was shut down for three days until the bear cartel accepted defeat.
The first true stock market scamster in India was the notorious Harshad Mehta, whose handiwork led to a 13 percent plunge in the Sensex. Ironically, a decade later, Ketan Parekh, a protege of Mehta, engineered his very own “pump and dump” scheme that entailed driving up the stocks of handpicked companies (dubbed K10 stocks) using money borrowed from banks and other financial institutions. But proving the old adage that greed may be good but too much of it is disastrous, his machinations too came to nought as the scam unravelled.
In between, the market was rocked by yet another massive scam in 1996 involving crores of rupees thanks to the handiwork of Chain Roop Bhansali, whose Ponzi scheme is considered one of the biggest mutual fund frauds in India.
In this gallery of dodgy operators, honourable mention must be made of Chitra Ramkrishna and the mysterious Himalayan Yogi, who are associated with what is called the NSE Colocation scam in 2015. There was also Roopalben Panchal, who, along with her associates, used several thousands of bank and demat accounts to corner shares reserved for retail investors in several IPOs in the period 2003-2005.
Of course, none of these people who rocked Indian markets can hold a candle to the notorious Bernard Lawrence Madoff, who masterminded the largest known Ponzi scheme in US markets, worth an estimated $65 billion. Madoff, incidentally, was at one-time chairman of the Nasdaq stock exchange!
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tradevalue · 9 months ago
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Mahadev App Case: Hawala operator Hari Shankar Tibrewala enters the Indian markets hall of infamy
The Dubai-based hawala operator is wanted by ED for allegedly manipulating the stocks of over two dozen small-cap companies whose shares have fallen steeply over the last few months.
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Hari Shankar Tibrewala, a shadowy Dubai-based hawala operator, is the latest to join a long list of individuals whose actions have led to seismic movements in the Indian stock market. Tibrewala is alleged to have manipulated stocks of over two dozen small-cap companies whose shares have fallen steeply over the last few months. While the man now has the directorate of enforcement (ED) on his tail for operating money laundering networks that funnel funds into the Indian markets, investors have already lost hundreds of crores.
This latest instance of market manipulation shows despite the best efforts of regulators, markets remain vulnerable to finagling by unscrupulous individuals. It is a trend that has continued uninterrupted for over 150 years.
Possibly, the first-known instance of one man playing an outsized role in a market collapse in the country dates back to 1863 when Premchund Roychand, often referred to as the Bullion King and Cotton King of the time, triggered a massive 80 percent fall in the Indian markets over a period of months. Roychand, who was instrumental in setting up the Native Share and Stock Brokers Association (today’s Bombay Stock Exchange) back in 1875, was no scamster.
However, he did exploit the huge demand for cotton from India created by the American Civil War of 1861 to trade cotton futures using investors’ money. All was well until the end of the civil war in 1865 when the bubble burst and dozens of brokers and investors who had followed his lead went bankrupt while the Chartered Presidency Bank of Bombay and the Asiatic Banking Corporation collapsed.
Over the years, other minor scams kept hitting the Indian market at regular intervals, but till the early 1980s, volumes were low, which meant that the falls didn’t really impact most people. A rare occasion when a market activity grabbed the attention of the nation was in 1982 when a bear cartel based in Bengal and led by Manu Manek, who was so powerful at the time that he was nicknamed Black Cobra, took on the rising star of Indian business, Dhirubhai Ambani.
At that stage, the markets followed a 14-day settlement period, which allowed bears like Manek to short lakhs of shares of RIL. As a consequence, its share price dropped nearly 10 percent in just a matter of hours. Typically, shortsellers make their money on such falls in a stock’s price, and Manek carried out the manoeuvre successfully with many other companies. But in Dhirubhai, he met his match.
The RIL founder rallied his friends and family to pick up the company’s shares from the open market, sending its price surging. When the day of reckoning arrived, and the bear cartel had to produce the shares that had been bought, they didn’t have the shares. In the resultant chaos, the BSE was shut down for three days until the bear cartel accepted defeat.
The first true stock market scamster in India was the notorious Harshad Mehta, whose handiwork led to a 13 percent plunge in the Sensex. Ironically, a decade later, Ketan Parekh, a protege of Mehta, engineered his very own “pump and dump” scheme that entailed driving up the stocks of handpicked companies (dubbed K10 stocks) using money borrowed from banks and other financial institutions. But proving the old adage that greed may be good but too much of it is disastrous, his machinations too came to nought as the scam unravelled.
In between, the market was rocked by yet another massive scam in 1996 involving crores of rupees thanks to the handiwork of Chain Roop Bhansali, whose Ponzi scheme is considered one of the biggest mutual fund frauds in India.
In this gallery of dodgy operators, honourable mention must be made of Chitra Ramkrishna and the mysterious Himalayan Yogi, who are associated with what is called the NSE Colocation scam in 2015. There was also Roopalben Panchal, who, along with her associates, used several thousands of bank and demat accounts to corner shares reserved for retail investors in several IPOs in the period 2003-2005.
Of course, none of these people who rocked Indian markets can hold a candle to the notorious Bernard Lawrence Madoff, who masterminded the largest known Ponzi scheme in US markets, worth an estimated $65 billion. Madoff, incidentally, was at one-time chairman of the Nasdaq stock exchange!
0 notes