DMCC concludes 2024 dubai precious metals conference, gathers over 800 global industry leaders, uae minister of economy predicts ‘transformative era’ for gold

DMCC – the starring planetary concern territory that drives the travel of planetary commercialized done Dubai – has successfully concluded the 12th variation of the Dubai Precious Metals Conference (DPMC), convening implicit 800 planetary manufacture leaders and stakeholders to illustration the adjacent signifier of maturation for the aboriginal of precious metals. The lawsuit was held successful concern with the UAE Ministry of Economy.

Under the taxable “The Future of Precious Metals: Modernising Trade successful a Multipolar Market”, manufacture experts and regulators explored emerging trends, innovations and challenges wrong the precious metals sector. Key discussions centred connected the relation of BRICS members, including the UAE, successful reshaping planetary carnal commercialized dynamics and the emergence of a alleged ‘gold corridor’ forming crossed Asia, and the captious value of leveraging advances successful technologies similar artificial quality and blockchain to boost traceability, provenance and liable sourcing.

During his keynote address, His Excellency Abdulla bin Touq Al Marri, Cabinet Member & UAE Minister of Economy, said: “Today, the UAE stands arsenic a captious hub for planetary commercialized successful precious metals, attracting businesses and investments from astir the world. This occurrence is underpinned by precocious infrastructure and forward-thinking regulations, arsenic good arsenic an unwavering committedness to traceability champion practices, which marque the UAE a trusted destination for manufacture players. Through DMCC’s world-class facilities and support, golden companies operating successful the UAE bask unparalleled opportunities to thrive. As we look to the future, the golden manufacture is poised for a transformative epoch shaped by sustainability, innovation, and precocious technology.”

Delegates were welcomed by Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, who said: “Amid transformative changes successful the landscape, Dubai continues to consolidate its presumption arsenic a starring hub for precious metals trade. This year’s Dubai Precious Metals Conference is testament to our growth, gathering implicit 800 planetary leaders from astir the satellite and crossed the golden and metallic worth chains to thrust important conversations and code the industry’s astir pressing topics. As we navigate this pivotal moment, Dubai volition proceed to supply the precious metals manufacture with the infrastructure, world-class ecosystems and easiness of doing concern needed to thrust innovation, collaboration and growth, arsenic we prehend the momentum to thrust the adjacent section for the industry.”

International best-selling writer Jordan Belfort, champion known arsenic the existent “Wolf of Wall Street”, appeared arsenic VIP impermanent talker and gave an in-depth presumption connected the keys to nonrecreational occurrence and gathering vision, resilience and entrepreneurship successful business.

The league panels provided a broad overview of the evolving precious metals landscape, highlighting the increasing power of BRICS nations, the challenges successful proviso concatenation integrity and the transformative relation of technology. Discussions emphasised the UAE’s captious relation arsenic a refining and trading hub amid the emergence of China and India arsenic ascendant golden consumers, alongside the imaginable constitution of a BRICS Gold Exchange to reshape planetary commercialized flows.

Experts besides addressed pressing issues specified arsenic proviso constraints, the interaction of geopolitical risks connected cardinal slope golden reserves, and the request for multilateral backing to bolster assets improvement successful emerging markets. The adoption of technologies similar AI, IoT and blockchain was identified arsenic a cardinal operator of growth, ratio and transparency successful the precious metals proviso chain, paving the mode for a much digitised and resilient industry.

The DPMC 2024 was held with the enactment of respective salient sponsors, led by Title Sponsor Sam Precious Metals and Platinum Sponsor Gold Standard. The World Gold Council joined arsenic the Thought Leadership Partner. Emirates Minting and Emirates Gold participated arsenic Gold Sponsors, with Ashoka Global DMCC, AKW, Suntech Business Solutions DMCC and DPMS Global Consulting arsenic Silver Sponsors.

The DPMC is 1 of DMCC’s flagship yearly events held to stitchery nationalist and backstage assemblage leaders from crossed each conception of the precious metals worth concatenation to sermon the astir important trends wrong the planetary industry. Now successfully held for 12 editions, DPMC has go 1 of the pinnacles of the planetary precious metals’ events calendar.

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