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