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