Precious Metals Vault · Dubai & Abu Dhabi · LCORE

Precious Metals Vault in Dubai and Abu Dhabi: Why LCORE's ADGM Platform Leads

The UAE is a global precious metals hub — LCORE's ADGM-regulated vault in Abu Dhabi is the institutional benchmark for gold custody, combining legal rigor with zero-tax efficiency and DVP settlement.

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4
Metals Accepted
100%
Allocated Only
$200M
Lloyd's Insurance
ADGM
Reg. No. 28158
Metals Accepted

Complete precious metals
institutional storage

Gold

LBMA Good Delivery bars (~400 troy oz), kilobars (1 kg), UAE Good Delivery. Minimum 995 fineness. Assay on receipt. Warehouse Receipt issued per bar.

Silver

Silver bullion bars from LBMA-recognised refiners. 1,000 troy oz and 15 kg bars standard. 999 fineness minimum. Allocated storage — your bars, your serial numbers.

Platinum

Platinum bars from recognised refiners (Johnson Matthey, Heraeus, Valcambi). 50 oz and 1 oz standard. 999.5 fineness minimum. Full allocated custody.

Palladium

Palladium bars accepted for institutional quantities. 1 troy oz and 100 gram bars standard. 999.5 fineness minimum. Allocated storage with Warehouse Receipt documentation.

Mixed Portfolios

Hold a portfolio of gold, silver, and PGMs under a single storage agreement. Single Warehouse Receipt covers all metals. Consolidated reporting. Single insurance certificate.

Transit Storage

Temporary pre-customs storage for metals in transit between jurisdictions. No UAE import duty triggered. Ideal for refiners and trading houses transferring metal internationally.

Vault Comparison

Abu Dhabi vs Zurich vs
London vs Singapore

ZurichLondonSingaporeAbu Dhabi (LCORE)
Governing LawSwiss CivilEnglish LawSingapore LawEnglish Common Law (ADGM)
Import Duty0%0%0%0% — pre-customs zone
Sanctions regimeSECO aligned 2022UK sanctionsMAS oversightUAE neutral — not joined
Capital gains taxCantonal varies28% CGT0%0%
FATF statusCompliantCompliantCompliantCompliant (Feb 2024)
Transit Storage

Pre-customs transit:
zero duty, maximum flexibility

LCORE's pre-customs location at Abu Dhabi International Airport is uniquely suited for transit storage — metals arriving from one jurisdiction and departing to another without ever entering the UAE customs territory.

No UAE Import Clearance

Metal deposited into LCORE's pre-customs vault does not trigger UAE GCC import tariff (5%). No UAE customs documentation required for international transit.

Direct International Connections

Zurich (7h), London (8h), Hong Kong (8h), Singapore (7h), Mumbai (3h). Direct air connections enable rapid international transfer without overland customs complications.

FAQ

Frequently asked questions

How does LCORE's vault relate to Dubai's gold market?
Dubai is the UAE's retail and wholesale gold trading hub (Gold Souk, DMCC, Dubai airport), but the largest institutional transactions benefit from ADGM's legal framework in Abu Dhabi. LCORE provides Abu Dhabi-based custody for institutions that prefer ADGM English Common Law over DMCC's UAE federal framework while remaining within the UAE's zero-tax environment.
Does LCORE store silver or other precious metals?
LCORE's primary focus is gold. Silver and platinum group metals may be accommodated on a case-by-case basis subject to vault capacity and insurance coverage confirmation. Contact LCORE's team for non-gold precious metal inquiries.
Can LCORE's vault act as a delivery point for Dubai precious metals contracts?
LCORE's Etihad Secure Logistics vault can serve as a delivery point for OTC and bilateral precious metals contracts, with ADGM-governed title transfer documentation. For exchange-traded contracts (e.g., DGCX), delivery specifications would need to align with exchange rules — contact LCORE to confirm deliverability for specific contract types.
Who can access LCORE's precious metals vault dubai 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 precious metals vault dubai 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 Bullion Storage UAE · Allocated Storage · Gold Vault Abu Dhabi · ADGM Regulation

One vault for your entire precious metals portfolio.

Gold, silver, platinum, palladium — allocated, insured, ADGM-regulated. From $5M.

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