Gold pricing in Australia reflects the global LBMA benchmark plus local currency conversion, premiums, and tax implications. For Australia-based institutional investors, LCORE offers an alternative to local gold markets: allocated physical storage in Abu Dhabi's pre-customs zone under ADGM English Common Law. Zero UAE duty, Lloyd's $250M insurance, ADGM Reg. 28158. Minimum allocation: $5M.
Request ConsultationThe international gold spot price (XAU/USD) converted to AUD reflects the USD/FX rate at any given moment. Australian gold price in aud. LCORE provides institutional gold storage in Abu Dhabi with AUD settlement capability for counterparties from Australia.
For institutional holders in Australia, Abu Dhabi offers structural advantages: zero UAE capital gains tax (vs Australia local tax), zero import duty in pre-customs zone, ADGM English Law title protection, and DVP settlement infrastructure for commodity transactions.
UAE has no capital gains tax on gold. No annual wealth tax. No VAT on investment-grade bullion. Structural advantage for Australia investors vs home-jurisdiction holding.
LCORE can facilitate commodity settlement in AUD via gold DVP mechanism. No mandatory USD clearing for Australia counterparties.
ADGM applies English Common Law. Warehouse Receipt is enforceable internationally. Australia counterparties can rely on familiar legal framework.
Confidential. Min $5M. ADGM Reg. 28158.