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