Gold Trading Excellence
in Dubai
Veritas Gold Trading specializes in secure, structured gold trading with a focus on compliance, transparency, and long-term partnerships.
About Veritas Gold Trading
Licensed to operate in the UAE, Veritas Gold Trading specializes in secure, structured gold trading with a focus on gold dore bars and OTG bullion.
Our Commitment to Excellence
At Veritas Gold Trading, we have established ourselves as a trusted name in the Dubai gold market. Our operations are fully licensed and compliant with UAE regulations, ensuring we operate our business to the highest standards of integrity and professionalism.
We work directly with reputable Dubai refineries and maintain an international network of exit buyers and sellers, creating a seamless trading ecosystem that benefits all parties involved.
Licensed by Dubai Economic Department
Compliant with UAE Regulations
Member of Dubai GoAML
Our Core Values
Our business is built on four fundamental principles that guide every transaction and relationship.
Compliance
We adhere strictly to all regulatory requirements and industry best practices, ensuring every transaction meets the highest standards of legal compliance.
Transparency
We believe in complete transparency in all our dealings, providing clear communication and documentation throughout the trading process.
Risk Mitigation
Our structured approach to transactions is designed to minimize risk for all parties, with robust verification processes and secure payment methods.
Long-term Partnerships
We focus on building enduring relationships with our clients and partners, prioritizing mutual success over short-term gains.
Our Services & Expertise
Veritas Gold Trading specializes in secure, structured gold trading with a focus on two primary product categories.
Gold Dore Bars
We facilitate the trading of gold dore bars from verified sources to reputable refineries in Dubai. Our process includes:
Comprehensive verification of source and documentation
Secure logistics coordination from origin to refinery
Structured payment solutions with banking instruments
Refinery relationship management and quality assurance
OTG Bullion
We connect sellers of On-The-Ground bullion with our network of exit-buyers, ensuring secure and compliant transactions:
Physical verification and authentication of bullion
Buyer qualification and transaction structuring
Secure storage and transfer arrangements
Compliant payment processing through approved channels
Our Trading Network
Dubai Refineries
We maintain strong relationships with Dubai's premier gold refineries, ensuring smooth processing and competitive terms for our clients.
International Exit-Buyers
Our global network includes verified institutional buyers, and major trading houses seeking secure gold supply.
Transaction Methods
We employ secure, structured transaction methods that protect all parties and ensure compliance with international banking regulations.
SWIFT Banking Instruments
Our preferred transaction methods utilize secure SWIFT-based banking instruments that provide verification and protection for all parties:
Blocked Funds (MT799)
A secure bank-to-bank message confirming funds availability without transfer, providing verification before proceeding with transactions.
Standby Letter of Credit (SBLC)
A bank guarantee that provides payment assurance upon verification of contractual obligations, reducing risk for both parties.
Documentary Letter of Credit (DLC)
A payment mechanism that releases funds upon presentation of specified documents, ensuring compliance with transaction terms.
Process & Requirements
Initial Verification
Complete KYC/AML documentation and verification of all parties
Banking Coordination
Confirmation of banking relationships and instrument capabilities
Instrument Issuance
Preparation and issuance of the selected banking instrument
Transaction Execution
Secure delivery of gold and release of payment according to terms
All banking instruments must be issued by top-tier banks with international correspondent relationships. We verify all instruments through official banking channels before proceeding with transactions.
Banking Solutions
We work with established banking partners to facilitate secure transactions that meet international compliance standards:
Bank Payment Undertaking
A formal commitment from a bank to make payment upon specified conditions, providing security for the transaction.
Bank Guarantee
A financial security provided by a bank that ensures payment will be made if certain obligations are not met.
Conditional Wire Transfers
Structured wire transfers with specific release conditions to protect both buyer and seller interests.
Banking Partners
We maintain relationships with reputable financial institutions in key markets, allowing us to execute transactions swiftly and securely through the global SWIFT network. Our banking partners support a range of instruments including Blocked Funds (MT799), SBLCs, DLCs, and other recognized financial guarantees.
These partnerships enable us to offer flexible, risk-mitigated solutions to our suppliers and clients. All transactions are managed in full compliance with international banking and anti-money laundering regulations, ensuring transparency and trust at every stage.
All banking partners are selected based on their compliance standards, international reach, and experience in commodity trading. We ensure all transactions meet both local UAE regulations and international banking standards.
Cryptocurrency Solutions
For qualified clients, we offer cryptocurrency-based settlement options that comply with UAE regulations:
Stablecoin Settlements
Using regulated stablecoins for transaction settlement, providing stability and security while leveraging blockchain technology.
Proof of Funds
Providing verified financial documentation to demonstrate the buyer's capability to complete the gold transaction, ensuring trust and transparency between parties.
Multi-signature Escrow
Enhanced security through multi-signature cryptocurrency wallets that require multiple approvals for fund release.
Compliance Framework
Enhanced Due Diligence
Comprehensive KYC/AML procedures for all cryptocurrency transactions
Regulatory Approval
All cryptocurrency transactions comply with UAE guidelines
Transaction Monitoring
Continuous monitoring of blockchain transactions for compliance and security
Documentation
Complete transaction records maintained for regulatory compliance
All banking instruments must be issued by top-tier banks with international correspondent relationships. We verify all instruments through official banking channels before proceeding with transactions.
Compliance & Licensing
Our operations are fully licensed and compliant with all relevant UAE regulations and international standards.
Dubai Economic Department
Commercial License Details:
- License Number: 1438269
- Registration Number: 2462375
- Membership Number (DCCI): 575648
- Legal Status: Limited Liability Company (LLC)
- Business Activity:
- Trading of Jewellery and Accessories made of Gold and Silver
- Trading of Raw Gold and Precious Metals
- Date of Issue: 14 November 2024
- Expiry Date: 13 November 2025
- Registered Authority: Dubai Economic Department
Compliance Standards
Anti-Money Laundering (AML)
We maintain a comprehensive AML program that includes customer due diligence, transaction monitoring, and suspicious activity reporting.
Know Your Customer (KYC)
Our rigorous KYC procedures verify the identity and legitimacy of all clients and partners, ensuring we only engage with reputable entities.
Responsible Sourcing
We adhere to OECD Due Diligence Guidance for Responsible Supply Chains of Minerals and DMCC's Responsible Sourcing of Precious Metals protocols.
Contact Us
Interested in working with Veritas Gold Trading? Contact our team to discuss your requirements.
Get in Touch
Dubai Office
Address
Suite 915, Tamani Arts Tower,
Business Bay, Dubai, UAE.
Phone
+971 (0) 4576 0205
info@veritasgoldtrading.com
Business Hours
Sunday - Thursday: 9:00 AM - 6:00 PM GST
Friday - Saturday: Closed
Secure Communication
For sensitive business inquiries, we recommend scheduling a secure video conference or in-person meeting at our Dubai office.
All initial communications are subject to our verification process. Please allow 1-2 business days for our team to review your inquiry and respond.