Gold Yield Program · Abu Dhabi · LCORE Storage Programme

The LCORE Gold Yield Program: Institutional Leasing on Allocated Bullion

Earn a structured yield on physical gold without relinquishing legal title or moving metal out of the vault. LCORE connects eligible bullion owners with verified counterparties under ADGM-governed lease agreements.

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~$478K
Net Income / 100 kg p.a.*
70%
LTV Deployed
15 BD
Recall Right
100%
Allocated Throughout
Programme Mechanics

How the Storage Programme
generates income

Standard gold storage costs money: vault fees, insurance premiums, administration. The LCORE Storage Programme converts a cost centre into an income-generating position — without changing your ownership structure.

1
Gold Deposited
You deposit physical gold at LCORE's Abu Dhabi vault. Warehouse Receipt issued in your name. All bars allocated — your serial numbers, your title.
2
Programme Authorisation
You authorise LCORE to utilise the storage position for loco swap collateral operations at LTV 70%. This authorisation is documented in the programme agreement and can be withdrawn on 15 business days' notice.
3
Collateral Operations
LCORE deploys the LTV-equivalent gold position as collateral in authorised loco swap structures. CoF 6%, spread 12% on deployed capital. Operations are mark-to-market daily.
4
Income Distribution
Net operational income distributed to you on agreed schedule. Indicative: approximately $478K per year on 100 kg ($16.7M) at current parameters. Your bars remain allocated throughout.
5
Recall
You may recall your gold on 15 business days' notice. Programme wound down. Warehouse Receipt released. Your allocated bars available for collection or onward transfer.
Indicative Economics

Programme economics:
100 kg example

ParameterValueNotes
Gold deposited100 kg~$16.7M at $167K/kg
LTV deployed (70%)$11.7MCollateral utilisation
Cost of Funds (CoF)6%$702K/yr on $11.7M
Spread (12%)$1,404K grossOn $11.7M deployed
Storage / insurance~$224KIndicative 0.5% storage + Lloyd's
Client net share~$478K/yrAfter CoF and costs
Important — not a financial return: The above is illustrative operational income from allocated storage utilisation. This is not an investment product, not a guaranteed return, and not a financial service. Actual operational income varies with market conditions and programme utilisation. LCORE is not a financial services provider. This page does not constitute investment advice. Prospective participants should obtain independent legal and financial advice.
Risk Management

How the programme
manages risk

Daily Mark-to-Market

Programme positions are marked to market daily. If gold price falls significantly, LTV is adjusted automatically to maintain programme integrity.

Allocated Throughout

Your bars remain allocated in your name at all times. The programme operates on the collateral utilisation value — your physical ownership is never transferred.

15-Day Recall

The recall right ensures you can exit the programme on 15 business days' notice. No lock-up beyond the contractual wind-down period.

Lloyd's Insured

Your physical gold is Lloyd's of London insured at $200M per event throughout the programme — unchanged from standard storage terms.

FAQ

Frequently asked questions

Who can participate in the LCORE gold yield program?
Eligible participants are institutional investors, family offices, sovereign wealth allocators, and commodity traders holding a minimum of $5M in allocated gold at LCORE's vault or willing to deposit qualifying bullion. Onboarding requires ADGM-compliant KYC/AML documentation.
Does leasing my gold mean I lose ownership?
No. LCORE structures leases under English Common Law bailment and lease principles — you retain legal title throughout. Serial numbers are recorded against your account; the counterparty receives only a temporary right of use, not ownership.
What are typical yield rates and lease terms?
Rates are market-driven and negotiated case by case, benchmarked against GOFO (Gold Forward Offered Rate) and prevailing institutional demand. Terms typically range from 30 days to 12 months, with early-exit provisions governed by the ADGM master lease agreement.
Who can access LCORE's gold yield program services?
Institutional counterparties only: family offices, commodity traders, sovereign entities, mining companies, and corporate treasuries. Minimum $5M. Full KYC/AML/source-of-funds onboarding required before access.
How is gold yield program regulated at LCORE?
ADGM (Abu Dhabi Global Market) under FSRA regulatory oversight. English Common Law jurisdiction. LCORE Reg. 28158. Lloyd's of London insurance $250M per shipment. All operations comply with UAE AML/CFT requirements.
Also see: Gold-Backed Lending UAE · Allocated Storage · Warehouse Receipt · ADGM Regulation

Your gold. Allocated. Working.

Storage Programme for institutional counterparties. Minimum $5M. Confidential consultation. Not a financial service.

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