Buy Digital Gold
Invest in gold digitally with Simodi. Safe, secure, and simple.
Get Started
Start investing from just AED 10 with digital ownership, secure storage, and seamless buying and selling through the Simodi app.
Buy, hold, and redeem 24K gold & silver with complete confidence: no vaults to visit, no paperwork to chase, no guesswork involved. Each gram is certified, 100% backed, and redeemable whenever you choose. Whether you are building long-lasting savings or making your first investment, Simodi makes owning real gold as simple as a few taps on your phone.
How Does the App Work?
Open your account online in just a few minutes using your Emirates ID or passport.
Create Your Account
Use your email and phone number to get registered within less than two minutes.
Complete Identity Verification
Verify your identity easily and secure it by using your Emirates ID or passport through a simple digital KYC process.
Add Money to Your Wallet
Through bank transfer, debit card, or credit card - you can deposit funds immediately.
Purchase Gold or Silver
Buy 24K gold or 999 fine silver at real-time market costs with a touch. Your purchase is confirmed and adjusted within seconds.
Why Choose Simodi for Digital Gold & Silver in Dubai?
Built for how people in the UAE actually buy gold.
Experience the convenience of digital investing with the security of physical precious metal, backed by transparent costs, secure storage and Dubai's globally recognised gold ecosystem.
99.99% Pure Gold & Silver
Each gram of gold or silver you buy is backed 1:1 by investment-grade 24K gold or 999 fine silver, securely allocated in your name.
Fully Insured Vault Storage
Your precious metals are stored in high-security, insured vaults and experience daily independent audits for complete peace of mind.
Immediate Buying and Selling
Purchase or sell gold and silver within seconds at real market costs with quick execution whenever you choose to trade.
Real-time Market Rates
Advantage from continuously updated costs connected to international spot rates within the UAE.
Convert to Physical Gold & Silver
Once you have accumulated the weight required, redeem your holdings for investment-grade bars or coins provided securely across the Dubai market.
Record Your Wealth & Earn Rewards
Monitor your portfolio's value in real time, understand your investment performance, and earn reward points every time you invest.
Backed by Real Gold, Trusted Partners
Your digital gold and silver are backed by 100% physical 24K gold sourced from leading precious metals refineries and securely stored in professionally managed vaults. Each gram is allocated, completely traceable, and protected throughout its lifecycle.
Simodi Gold FZCO is registered in the Dubai Multi Commodities Center (DMCC), one of the world's leading free zones for precious metals trading. We operate in accordance with applicable UAE Anti-Money Laundering (AML) and Counter Terrorist Financing (CTF) regulations.
Precious Metals Sourced
Our precious metals are sourced through trusted refinery partners, which include:
RAFMOH
RAK Gold
MAH Gold
Investment-Grade Brands
We offer investment-grade gold products from internationally recognised brands, involving:
Valcambi (Switzerland)
RG Gold Bars
All gold is protected by comprehensive insurance that covers both transit and secure storage.
Certified Quality You Can Trust
Invest in certified gold and silver bars, sourced exclusively from globally recognized refiners and Good Delivery standard providers. Every gram you own meets the highest benchmark of purity, traceability, and trust.
Investment-Grade Gold Bars
Every gold & silver bar meets the rigorous standards of the London Bullion Market Association (LBMA) and Dubai Good Delivery (DGD) programme. Refined to 99.99% (24K) purity, each bar is individually assayed, uniquely identifiable and completely traceable from refinery to secure vault storage.
Premium Silver Bars
Our silver bars are sourced from leading refiners that comply with UAE Good Delivery Standards. Produced to 999 fine silver purity, each bar undergoes strict quality assurance to guarantee its authenticity and investment-grade quality.
Certified & Secure Ownership
Each gold and silver bar is independently verified, completely insured, and stored in high-security vaults. With complete certification, daily audits, and transparent record-keeping, you can invest with confidence, understanding your precious metals.
Who Invests With Simodi?
Whether you are buying your very first gram or building a diversified precious metals portfolio, Simodi is designed for:
Eligibility Criteria
- Available only for UAE residents and internationals.
- Gold and Silver accounts cannot be opened as a joint account.
- Holds a current or savings account with Mashreq.
- To open a Gold (XAU) and Silver (XAG) account, the client must have attained majority under applicable laws.
- Should be 18 years old and above. A minor can apply along with a guardian.
Your Assets are Protected by Industry-standard Security
SIMODI GOLD FZCO is registered and licensed under the Dubai Multi Commodities Centre (DMCC), UAE - License number DMCC-996420, registered office at the Dome Tower, Plot No: JLT-PH1-N1, Jumeirah Lakes Towers, Dubai. Invest with confidence, understanding your digital gold and silver are backed by robust security measures and transparent operational standards.
DMCC Registered
Operates from the Dubai Multi Commodities Centre (DMCC), one of the world's leading precious metals and commodities hubs.
Encrypted Payments
Transactions and personal data are protected using industry-standard encryption and secure payment processing.
Secure Vault Storage
Physical gold and silver are stored in professionally managed, high-security vaults in Dubai.
Identity Verification (KYC)
Customer verification helps protect accounts, prevent fraud, and support regulatory compliance.
Insured Storage
Precious metals held in storage are protected under applicable insurance arrangements. See our terms for details.
Independent Audits
Regular independent verification helps ensure transparency between customer holdings and vaulted assets.
Buy Gold & Silver
Invest in 24K pure digital gold and 999 fine silver. Safe, secure, and backed by physical assets stored in insured vaults.
Buy & Sell In Seconds
Experience lightning-fast transactions. Buy or sell gold and silver instantly with just a few taps on your phone.
Learn moreReal-Time Market Rates
Get live gold and silver prices updated every second. Make informed decisions with accurate market data at your fingertips.
Learn moreBank-Grade Security
Your transactions are protected with end-to-end encryption. Multiple payment options with complete peace of mind.
Learn moreTrack Your Investments
Monitor your gold and silver holdings in real-time. Get detailed insights on your portfolio performance and growth.
Learn moreEarn While You Invest
Collect points with every purchase and redeem them for discounts. The more you invest, the more you earn.
Learn more
Secure & Trust Every Gram with Simodi
Dubai's Gold & Silver Trade Runs on Trust. So Do We.
Based in Dubai
Simodi Gold FZCO is registered in Jumeirah Lakes Towers (JLT) - home to DMCC and the heart of the UAE's gold trade.
100% Insured Holdings
Your gold and silver are completely insured against theft, damage, or loss, for as long as you hold them with our company.
Bank-grade Encryption
256-bit encryption and strict access management protect each transaction, every time.
Regulatory Compliance
We operate under applicable UAE financial and AML regulations, with daily independent audits.
Gold has anchored Dubai's markets for generations. Simodi simply makes it possible to hold your share of it from your phone, priced live, stored safely, yours to redeem.
Our SIMODI Services
Everything you require to buy, manage, and grow your precious metal portfolio - all in one app.
Buy Digital Gold & Silver
Purchase 24K certified gold and silver in real time, starting from as little as AED 10. Costs are updated live, so you always buy at the true market rate.
Hold Securely
Your gold and silver are stored completely insured in high-security vaults - backed by real, physical metal, not just numbers on a screen.
Sell Anytime
Liquidate part or all of your holdings immediately, at live market prices, with funds credited straight back to you - no waiting, no delays.
Redeem Physical Gold & Silver
Convert your digital holdings into physical gold or silver bars and coins, provided securely or collected in person.
Gift Gold
Send certified gold or silver to loved ones digitally, a modern, meaningful way to mark celebrations, milestones, and traditions.
Buy Small Regularly to Grow Your Long Term Wealth
Set up recurring purchases and create your gold savings automatically, which is a smart, disciplined way to grow long-term wealth.
The Simodi Edge
Lots of platforms let you buy gold in the UAE. Here is what changes when it's built around your Dirhams, your Emirates ID, and Dubai's own gold market.
- Pricing quoted in a foreign currency, converted at checkout.
- Generic KYC flows are not built around UAE ID documents.
- Vaulting and delivery details buried in fine print.
- Support routed through offshore teams.
- Native AED pricing, live and continuously updated.
- KYC built for Emirates ID and UAE residency.
- Vault location, insurance, and redemption terms stated upfront.
- A Dubai-registered team, reachable 24/7.
Digital Gold vs Physical Gold
Digital Gold lets you own real, 24K gold without worrying about storage or security. On the other hand, Physical Gold provides you with instant possession of bars or coins. Digital gold offers greater convenience, immediate trading, and secure, insured vault storage, with the choice to redeem physical gold when eligible.
Start Investing Now
From the Simodi Blog
Guides and insights on investing in gold and silver in the UAE.
How To Invest In Gold in the UAE
7 practical ways to invest in gold in Dubai — digital gold apps, bank gold accounts, ETFs, savings plans, and tokenized gold — plus taxes, Sharia compliance, and how to avoid scams.
Read Article
How To Invest In Silver in the UAE
A complete guide to physical silver, digital silver, silver ETFs, and silver savings accounts — how each works, the risks, and how to choose a reputable provider.
Read Article
Frequently Asked Questions
Everything you need to know about investing in digital gold with Simodi.
Yes, every gram of digital gold is backed 1:1 by physical 24K gold stored in secure, audited vaults.
The eligible holdings can be redeemed for physical gold bars or coins, subject to minimum redemption requirements and applicable charges.
You can initiate investing from as little as 1 gram of 24K gold.
You may sell your digital gold whenever the market is open, with proceeds credited according to the platform's settlement process.
Tourists can invest, provided they complete the needed identity verification and availability and delivery or collection arrangements.
Yes, you may transfer digital gold to another verified platform user, subject to the platform's transfer policies.
You can pay using supported debit cards, credit cards, bank transfers, and other local approved processes.
Yes, all vaulted gold is completely insured against theft, loss, and damage while in storage.
Costs are based on live international gold market rates, with a transparent buy/sell spread and any applicable service charges.
Yes. Our mobile app lets you buy and sell, monitor your holdings, and manage your digital gold portfolio anytime and anywhere.
Investment-grade gold that meets UAE regulations is typically VAT-exempt. Any applicable taxes or charges will be displayed before you complete your transaction.
Physical redemption generally takes 3 to 10 business days, based on product availability and delivery or collection arrangements.
Yes, SIMODI GOLD FZCO is registered and licensed under the Dubai Multi Commodities Center (DMCC), UAE - License number DMCC-996420.