DMCC, one of the world’s leading commodity hubs for trade and enterprise and the largest and fastest growing Free Zone in the UAE, yesterday opened the fourth annual Dubai Precious Metals Conference under the theme “Linking Markets”.

The event will conclude today (April 13), and is taking place at Atlantis The Palm, Dubai, UAE.

The global gold industry has evolved rapidly in the past few years, and market participants have adapted rapidly to the changes. Physical gold is now flowing from East to West and amongst other trends, we have seen the emergence of spot gold trading markets in Asia.

As such, the conference agenda focuses on bringing global industry players together to discuss and debate these changes, and develop greater connectivity between emerging markets and traditional bullion hubs which will help ensure the long term sustainability of the global gold industry.

Ahmed Bin Sulayem, executive chairman, DMCC, said: “The world is changing and it is essential that we remain at the forefront of this evolution across the precious metals industry.

“This means constant innovation, interaction and idea sharing between all members of the value-chain. Dubai Precious Metals Conference aims to provide a platform to foster these relationships which are crucial to the future of the industry,” he added.

Over 470 delegates from around the world and across the value chain are taking part in the event.
 
Meghnad Desai, chairman, advisory board, Official Monetary and Financial Institutions Forum (OMFIF) gave the keynote address and spoke on the question of whether the global economy is headed for secular stagnation. – TradeArabia News Service