Gold pricing in China reflects the global LBMA benchmark plus local currency conversion, premiums, and tax implications. For China-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 CNY reflects the USD/FX rate at any given moment. Chinese gold price in yuan, sge benchmark. LCORE provides institutional gold storage in Abu Dhabi with CNY settlement capability for counterparties from China.
For institutional holders in China, Abu Dhabi offers structural advantages: zero UAE capital gains tax (vs China 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 China investors vs home-jurisdiction holding.
LCORE can facilitate commodity settlement in CNY via gold DVP mechanism. No mandatory USD clearing for China counterparties.
ADGM applies English Common Law. Warehouse Receipt is enforceable internationally. China counterparties can rely on familiar legal framework.
Confidential. Min $5M. ADGM Reg. 28158.