Sharanya Nair
O Gold, the first Emirati app for fractional gold and silver ownership, has launched its collaboration with Monetary Metals, a global leader in gold leasing. Bringing together key industry figures in Dubai, the launch event marked a pivotal moment in gold investment.
Monetary Metals partners with top-tier companies for gold leasing, ensuring real-time tracking via inventory and RFID systems. Backed by a leading global insurance provider, their comprehensive policy enhances investor security. Though they usually require a 10-ounce minimum, partnering with O Gold removes this barrier, expanding access to gold leasing. O Gold’s new leasing feature allows users to lease as little as 0.1g of gold and earn up-to a 16% annual return (comprising approximately an 11% market return and up-to a 5% yield, paid in gold), turning idle gold into a productive asset.
“We are excited to officially launch our collaboration with Monetary Metals to revolutionize gold leasing,” said Bandar Al Othman, Chairman, O Gold. “This collaboration aligns with our vision of transforming gold into a dynamic, income-generating asset. Expanding gold leasing access helps individuals optimize holdings and provides the jewelry industry with vital working capital.”
Key benefits of the partnership include:
O Gold is a strong partner in our mission to make gold a productive asset,” said Mark Pey, Manager, Monetary Metals - Dubai Office. “Our shared vision is to move beyond the traditional notion of gold as a static asset and instead position it as a powerful financial tool. By combining our expertise, we are making gold leasing more accessible, transparent, and rewarding, enabling investors to fully benefit from its potential."
O Gold revolutionizes gold investment with a seamless digital platform for buying, selling, and leasing gold.
Sharanya Nair