Fast Transactions
Buy & sell in seconds
Experience lightning-fast transactions. Buy or sell gold and silver instantly with just a few taps on your phone.
Introducing Simodi Own real gold.
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Own real gold.
Digitally. Physically backed
Start investing from just AED 50 with digital ownership, secure storage, and seamless buying and selling through the Simodi app.
Our partners
999.9%
Pure 24K gold
AED 50
Minimum to start
< 3 sec
Buy & sell execution
256-bit
Encryption
1:1
Backed by physical metal
How It Works
How does the app work?
Open your account online in just a few minutes using your Emirates ID or passport.
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Step 1: Register with email
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Step 2: Complete KYC in a few seconds
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Step 3: Start adding funds via bank cards
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Step 4: Buy gold or silver anytime
Start Investing
Buy gold & silver, in seconds.
Invest in 24K pure digital gold and 999.9 fine silver. Safe, secure, and backed by physical assets stored in insured vaults.
Gold · 24KLive price
Updated every 15 second+2.3% today
Live Pricing
Real-time market rates
Get live gold and silver prices updated every 15 second. Make informed decisions with accurate market data at your fingertips.
Secure Payments
Bank-grade security
Your transactions are protected with end-to-end encryption. Multiple payment options with complete peace of mind.
Portfolio Value
AED 125,000
+15.4% returns this year
Portfolio Tracking
Track your holdings
Monitor your gold and silver holdings in real time. Get detailed insights on your portfolio performance and growth.
Digital Gold and Silver
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 purchase, Simodi makes owning real gold as simple as a few taps on your phone.
Download the App
Why Simodi
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.
Purity
999.9% pure gold & silver
Each gram of gold or silver you buy is backed 1:1 by investment-grade 24K gold or 999 fine silver.
Security
Fully insured vault storage
Your precious metals are stored in high-security, insured vaults for complete peace of mind.
Speed
Immediate buying and selling
Purchase or sell gold and silver within seconds at real market costs with quick execution whenever you choose to trade.
Pricing
Real-time market rates
Advantage from continuously updated costs connected to international spot rates within the UAE.
Delivery
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.
Portfolio
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.
Our Services
Our Simodi services.
Everything you require to buy, manage, and grow your precious metal portfolio — all in one app.
- 01
Buy digital gold & silver
Purchase 24K certified gold and silver in real time, starting from as little as AED 50. Costs are updated live, so you always buy at the market rate.
- 02
Hold securely
Your gold and silver is stored completely insured in high-security vaults — backed by real, physical metal, not just numbers on a screen.
- 03
Sell anytime
Liquidate part or all your holdings immediately, at live market prices, with funds credited straight to you — no waiting, no delays.
- 04
Redeem physical gold & silver
Convert your digital holdings into physical gold or silver bars and coins, provided securely or collected in person.
- 05
Gift gold
Send certified gold or silver to loved ones digitally, a modern, meaningful way to mark celebrations, milestones, and traditions.
- 06
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.
Certified Quality
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.
Gold
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 999.9% (24K) purity, each bar is individually assayed, uniquely identifiable and completely traceable.
Silver
Premium silver bars
Our silver bars are sourced from leading refiners that comply with UAE Good Delivery Standards. Produced to 999.9 fine silver purity, each bar undergoes strict quality assurance to guarantee its authenticity and investment-grade quality.
Ownership
Certified & secure ownership
Each gold and silver bar is independently verified, completely insured, and stored in high-security vaults. With complete certification, transparent record-keeping, you can invest with confidence, understanding your precious metals.
Trust & Partners
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 in Dubai.
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.
LBMA
Dubai Good Delivery
UAE Good Delivery
DMCC-996420
Precious metals sourced through trusted refinery partners
Investment-grade gold from internationally recognised brands
All gold is protected by comprehensive insurance that covers both transit and secure storage.
Why Simodi
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.
Typical gold apps
- 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.
Simodi Gold
- 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.
Security
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.
Secure & Trust Every Gram
“Dubai's gold & silver trade runs on trust. So do we.”
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.
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.
The Simodi Difference
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.
Physical Gold
Instant possession
- Hold bars or coins in hand straight away.
- Storage and security are yours to arrange.
- Selling means finding a buyer and a price.
Simodi App
Real gold, without the hassle
- Greater convenience — own 24K gold from your phone.
- Immediate trading at live AED prices.
- Secure, insured vault storage.
- The choice to redeem physical gold when eligible.
Who It's For
Who invests with Simodi?
Whether you are buying your very first gram or building a diversified precious metals portfolio, Simodi is designed for:
- First-time buyers
- Long-term wealth builders
- Monthly buyers
- Parents keeping a gram or two for their children regularly
- Professionals protecting against inflation
- Investors diversifying beyond cash and stocks
Eligibility criteria
- Available to UAE residents and international users.
- You must be 18 years or older to use Simodi Gold.
Social Proof
What our clients say.
Started with AED 50 just to test it. Six months later, it was my monthly saving routine. It's simple, secure, and provides me with higher confidence that builds long-term value with each purchase.
I gifted gold to my niece for her graduation. Took 30 seconds, and she loved receiving something more meaningful than cash. It's a modern gift that holds real value and creates lasting memories.
I wanted to invest in gold without getting anxious about currency conversions. Seeing live prices in AED and purchasing immediately made the entire process simple. Now I evolve my savings with complete transparency and peace of mind.
Insights
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 articleSupport
Frequently asked questions.
Everything you need to know about investing in gold and silver with Simodi.
Is my gold physically backed?
Yes, every gram of digital gold is backed 1:1 by physical 24K gold stored in secure, audited vaults.
What is the minimum investment?
You can initiate investing from as little as 0.1 gram of 24K gold.
Can I sell or liquidate the gold anytime?
You may sell your gold or silver whenever the market is open, with proceeds credited according to the platform's settlement process.
How are prices calculated?
Costs are based on live international gold market rates, with a transparent buy/sell spread and any applicable service charges.
What payment methods are accepted?
You can pay using supported debit cards, credit cards, bank transfers, and other local approved processes.
Is there any VAT?
Investment-grade gold that meets UAE regulations is typically VAT-exempt. Any applicable taxes or charges will be displayed before you complete your transaction.
Is there a mobile app?
Yes. Our mobile app lets you buy and sell, monitor your holdings, and manage your gold and silver portfolio anytime and anywhere.
Is Simodi licensed and regulated?
Yes, SIMODI GOLD FZCO is registered and licensed under the Dubai Multi Commodities Center (DMCC), UAE — License number DMCC-996420.
Is the gold insured?
Yes, all vaulted gold is completely insured against theft, loss, and damage while in storage.
Can I withdraw physical gold?
The eligible holdings can be redeemed for physical gold bars or coins, subject to minimum redemption requirements and applicable charges.
How long does redemption take?
Physical redemption generally takes 2 to 7 business days, based on product availability and delivery or collection arrangements.
Can I gift gold to another user?
Yes, you may gift digital gold to another verified platform user, subject to the platform's gifting policies.
Can tourists buy?
Tourists can buy, provided they complete the needed KYC, availability and delivery or collection arrangements.
Start Investing
Ready to start your gold journey?
Join thousands of investors who trust Simodi for their precious metal investments.
Contact
Get in touch.
Send us a message and we'll get back to you shortly.
- OfficeSIMODI GOLD FZCO
1902, The Dome Tower, Cluster N
JLT, Dubai, UAE - Phone800 746634