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