Gold, Silver and Platinum are the Valuable class of assets NoorCo offers trading services in. Dubai, the city of UAE was named the City of Gold due to its historical Gold reserves. Volume of UAE Gold trading has been rising and accounts for 29% of the total country's non-oil exports. Council ministry has recently announced the necessary measures to further growth in the gold sector. There will be a UAE Good Delivery standard for Gold as a benchmark of its quality. NoorCo ensures these specifications to track profitability and ensuring growth. NoorCo trading considers Gold as a hedge against inflation and a commodity trade worth considering due to its high demands in jewels, accessories and scientific research needs. Silver and platinum aren't far behind either.
First, Silver is heavily utilised for industrial manufacturing- and that means modern needs like for renewable energy in photovoltaic cells and solar panels, solders and brazing alloys, electronics in the coming digital age etc. Second, If you add Silver used in jewellery and accessories, that adds to another 200 million plus trade prospect. It's pick up for long term energy needs bodes it as a well paid and reliable commodity.
