Why hold physical gold at LCORE instead of a UAE gold ETF? A1: LCORE gives you title to specific, serial-numbered bars — not a fund unit. In a financial crisis, allocated gold under ADGM law cannot be rehypothecated or frozen by an ETF trustee. The metal is yours, independently insured by Lloyd's, and outside any fund's balance sheet. Q2: What LTV financing is available on UAE gold ETFs vs. LCORE? A2: UAE brokers may offer margin against gold ETFs at 40–60% LTV. LCORE's allocated gold supports 70–85% LTV under ADGM law — a significantly higher financing ratio enabled by direct physical title. Q3: Can I switch from a UAE gold ETF to LCORE without a taxable event? A3: In the UAE, there is no CGT or VAT trigger on gold transactions for UAE residents. Selling an ETF and funding an LCORE account creates no UAE tax event. Consult your home-country tax adviser for non-UAE tax obligations.

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LCORE gives you title to specific, serial-numbered bars — not a fund unit. In a financial crisis, allocated gold under ADGM law cannot be rehypothecated or frozen by an ETF trustee. The metal is yours, independently insured by Lloyd's, and outside any fund's balance sheet. Q2: What LTV financing is available on UAE gold ETFs vs. LCORE? A2: UAE brokers may offer margin against gold ETFs at 40–60% LTV. LCORE's allocated gold supports 70–85% LTV under ADGM law — a significantly higher financing ratio enabled by direct physical title. Q3: Can I switch from a UAE gold ETF to LCORE without a taxable event? A3: In the UAE, there is no CGT or VAT trigger on gold transactions for UAE residents. Selling an ETF and funding an LCORE account creates no UAE tax event. Consult your home-country tax adviser for non-UAE tax obligations.

UAE Gold ETF vs. LCORE Physical Gold: Allocated Title vs. NAV-Tracking Paper

Physical Gold vs gold ETF in UAE