
O Gold and Monetary Metals Unveil Pioneering Gold Leasing Model
Investors can now lease as little as 0.1 gram of gold and earn up to 16% annually
Dubai, UAE – February 26, 2025: O Gold, the first Emirati app for fractional gold and silver ownership, has officially launched its collaboration with Monetary Metals, a global leader in gold leasing. The two companies have spent months collaborating to develop an innovative investment model that enables gold owners to generate substantial returns by leasing their holdings. The launch event, held in Dubai, brought together key industry leaders, stakeholders, and media representatives, marking a milestone in the evolution of gold investments.
Monetary Metals has a proven track record of selecting only highly qualified companies for gold leasing. Their use of inventory and RFID systems ensures every gram of gold is tracked in real time. Additionally, a comprehensive gold insurance policy from a leading global insurance provider wraps the entire program, providing investors with maximum security. While Monetary Metals traditionally requires a minimum of 10 ounces of gold to engage in leasing, the collaboration with O Gold breaks this barrier, making gold leasing accessible to a wider audience.
Through the newly introduced leasing feature on the O Gold app, users can now lease as little as 0.1 gram of gold and earn up to 16% annual return—comprising approximately an 11% market return and up to 5% yield, paid in Gold. With this initiative, O Gold empowers investors to unlock the full potential of their gold holdings, transforming idle assets into productive investments.
“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. By making gold leasing more accessible and rewarding, we empower individuals to maximize their holdings while supporting the jewellery industry with vital working capital.”
Key benefits of the O Gold and Monetary Metals partnership include:
- Low Entry Requirement: Lease as little as 0.1 gram of gold.
- High Returns: Earn up to 16% annual returns on gold holdings.
- Monthly Income: Receive a yield of up to 5% annually in physical gold, credited monthly.
- Liquidity and Flexibility: Withdraw at any time without penalties.
- Secure and Transparent: Insured investments with full ownership retained by the investor.
- Portfolio Diversification: A hedge against inflation, market crashes, and geopolitical instability, with a negative correlation to other assets.
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 is committed to revolutionizing gold investment by providing a seamless digital platform where individuals can easily buy, sell, and lease gold. By integrating Monetary Metals’ expertise in gold leasing with O Gold’s user-friendly app, this collaboration ensures that even small-scale investors can participate in an investment avenue, previously limited to large institutions and well-connected traders.
Home >> Fashion, Lifestyle & Luxury Section
The Excitement Continues at Mercato This DSS: Unmissable African Circus Performa ...
OMEGA Marks The Moon Landing Anniversary
Islamic Development Bank Institute and Prince Mohammed Bin Salman College of Bus ...
ATM outlines why luxury hospitality leaders view personalisation as key to reven ...
Ooredoo Kuwait Enhances “Passport” Roaming Plans, Now Covering Over 80 Countries ...
KIB promotes Naser Al-Qenai to General Manager of the Facilities Administration ...
Ministry of Finance and Federal Tax Authority Announce Amendment to Excise Tax o ...
Tonda PF Sport Chronograph Rose Gold Sandstone
Novo Nordisk announced the results from the phase 3b STEP UP trial in people wit ...
Casio to Release MR-G Inspired by the World's Largest Frog
The new Taycan and Cayenne Black Edition models
Why Catrice's Blushin' Charm is the One Thing You Need as Your Travel Essential
KIB employees come together to support annual blood drive in partnership with Ku ...
KIB promotes Khloud Al-Salem to General Manager of the Legal Department
IATA Comments on Misguided Solidarity Levy Proposal
Mercato Wows Visitors with Circus Spectacles, Iconic Slide, and Weekly Cash Priz ...
Pioneering the Future of Food Tech in Kuwait Jahez Application and Kuwait Innova ...
CINET Launches a Cybersecurity Internship Program to Empower a Future-Ready Work ...
Burgan Bank Signs Partnership with SAP to Deploy the SuccessFactors HCM System
G-SHOCK's Summer Style Statement: Metal-Cased Watches That Define the Season