Simple Ordering
Buy + sell in the app
Submit buy or sell requests with a few taps. Execution and settlement are subject to market availability, liquidity, banking, compliance, system and account checks.
Introducing Simodi Own real gold.
Scroll
Own real gold.
Digitally. Physically backed
Buy real gold and silver from just 0.5 gram of gold or 10 grams of silver, with recorded digital ownership, vaulted storage, and buy and sell requests through the Simodi app.
Our partners
99.99%
Pure 24K gold (999.9 fineness)
0.5 g
Minimum gold purchase
10 g
Minimum silver purchase
AED
Live local pricing
1:1
Backed by physical metal
How It Works
How does the app work?
Open your account online using your Emirates ID or passport.
-
Step 1: Register with email
-
Step 2: Complete identity verification (normally 5–10 minutes; longer if additional checks are required)
-
Step 3: Start adding funds via bank cards
-
Step 4: Buy or sell gold and silver in the app
Get Started
Buy gold & silver, from your phone.
Buy 24K gold (999.9 fineness, 99.99% pure) and silver through the app, backed 1:1 by physical metal held in vault storage that is insured under applicable policy terms.
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 seconds. Make informed decisions with accurate market data at your fingertips.
Secure Payments
Secure payments
Data is protected using encryption in transit and appropriate access controls. Multiple payment options are available.
Portfolio Value
AED 125,000
Illustrative example only - not actual or guaranteed performance
Portfolio Tracking
Track your holdings
Monitor your recorded gold and silver holdings and their current value in real time.
Digital Gold and Silver
Buy, hold, and redeem 24K gold & silver with complete confidence.
No vaults to visit and no paperwork to chase. Each gram is backed 1:1 by physical metal held on a pooled basis and recorded against your account, and eligible holdings can be redeemed subject to SIMODI's terms, minimums, availability, charges and compliance checks. Simodi makes owning real gold as simple as a few taps on your phone.
Download the App
Our Services
Our Simodi services.
Everything you need to buy, hold and manage your gold and silver — all in one app.
- 01
Buy digital gold & silver
Purchase 24K gold and silver at live prices, from 0.5 gram of gold or 10 grams of silver. The applicable buy/sell spread and any relevant charges are displayed or disclosed under the applicable terms.
- 02
Hold securely
Your holdings are backed 1:1 by physical metal held on a pooled basis in high-security vaults. Vaulted precious metals are insured under applicable policy terms, conditions, limits and exclusions.
- 03
Sell through the app
Submit sell requests for part or all of your holdings at live prices. Execution and settlement are subject to market availability, liquidity, banking, compliance, system and account checks.
- 04
Redeem physical gold & silver
Eligible holdings may be redeemed subject to minimum quantities, product availability, applicable charges and compliance checks. Physical delivery is currently available only within the UAE.
- 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.
Why Simodi
Built for how people in the UAE actually buy gold.
The convenience of buying digitally, backed by physical precious metal, transparent pricing, vaulted storage and Dubai's established gold market.
Purity
99.99% pure gold
Each gram of gold or silver you buy is backed 1:1 by physical metal held on a pooled basis and recorded against your account.
Security
Insured vault storage
Vaulted precious metals are insured under applicable policy terms, conditions, limits and exclusions.
Speed
Buy and sell in the app
Submit buy or sell requests at live market prices. Execution and settlement are subject to market availability, liquidity, banking, compliance, system and account checks.
Pricing
Real-time market rates
Advantage from continuously updated costs connected to international spot rates within the UAE.
Delivery
Convert to physical gold & silver
Eligible holdings may be redeemed subject to minimum quantities, product availability, applicable charges and compliance checks. Physical delivery is currently available only within the UAE.
Portfolio
Track your holdings
Monitor the current value of your recorded gold and silver holdings in real time.
Trust & Partners
Backed by real gold, trusted partners.
Your digital gold and silver are backed 1:1 by physical metal sourced from approved suppliers and recognised refiners, held in professionally managed vaults in Dubai.
SIMODI GOLD FZCO is licensed by DMCC for its approved precious-metals trading activities under licence number DMCC-996420.
DMCC-996420
Precious metals sourced through trusted refinery partners
Investment-grade gold from internationally recognised brands
Vaulted precious metals are insured under applicable policy terms, conditions, limits and exclusions. Further details are available in SIMODI's terms or upon request.
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-based support team, available through the published support channels and service hours.
Certified Quality
Certified quality you can trust.
Gold and silver are sourced from approved suppliers and recognised refiners. Product purity is supported by the applicable refinery documentation or assay certificate.
Gold
24K gold bars
Gold is sourced from approved suppliers and recognised refiners and is stated as 999.9 fineness (99.99% pure). Product purity is supported by the applicable refinery documentation or assay certificate.
Silver
Premium silver bars
Silver is sourced from approved suppliers and recognised refiners. Product purity is supported by the applicable refinery documentation or assay certificate.
Ownership
Recorded, physically backed ownership
Customer ownership is recorded against pooled, physically backed precious-metal holdings held in high-security vaults. Vaulted precious metals are insured under applicable policy terms, conditions, limits and exclusions. Available physical products may carry refinery or assay documentation where applicable.
Security
Your assets are protected by industry-standard security.
SIMODI GOLD FZCO is licensed by DMCC for its approved precious-metals trading activities under licence number DMCC-996420. Registered office: the Dome Tower, Plot No: JLT-PH1-N1, Jumeirah Lakes Towers, Dubai. Your digital gold and silver are backed by physical metal held in vaulted storage.
DMCC licensed
Operates from the Dubai Multi Commodities Centre (DMCC), one of the world's leading precious metals and commodities hubs.
Encrypted payments
Data is protected using encryption in transit and appropriate access controls. Payments are handled through 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
Vaulted precious metals are insured under applicable policy terms, conditions, limits and exclusions. See our terms for details.
Reconciled holdings
SIMODI operates in accordance with applicable UAE AML/CTF requirements. Customer metal balances are reconciled against vaulted holdings under SIMODI's control framework.
Secure & Trust Every Gram
“Dubai's gold & silver trade runs on trust. So do we.”
Gold has anchored Dubai's markets for generations. Simodi makes it possible to hold your share of it from your phone, priced live, held in vaulted storage, with eligible physical redemption subject to our terms.
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.
Insured vault storage
Vaulted precious metals are insured under applicable policy terms, conditions, limits and exclusions.
Encrypted data
Data is protected using encryption in transit and appropriate access controls.
Regulatory compliance
SIMODI operates in accordance with applicable UAE AML/CTF requirements. Customer metal balances are reconciled against vaulted holdings under SIMODI's control framework.
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.
- Buy and sell requests at live AED prices.
- Vault storage insured under applicable policy terms.
- The choice to redeem physical gold when eligible.
Who It's For
Who buys with Simodi with Simodi?
Whether you are buying your very first gram or adding to your existing holdings, Simodi is designed for the customers below. Gold and silver prices can rise or fall; SIMODI does not guarantee profit, price appreciation or protection from loss.
- First-time buyers
- Long-term buyers
- Monthly buyers
- Parents keeping a gram or two for their children
- Professionals adding precious metals to their savings
- Customers holding precious metals alongside cash
Eligibility criteria
- Services are subject to jurisdictional availability, successful KYC and SIMODI acceptance. SIMODI does not currently provide services to US persons.
- You must be 18 years or older to use Simodi Gold.
- Physical delivery is currently available only to eligible addresses within the UAE.
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 buying gold and silver with Simodi.
Is my gold physically backed?
Yes. Customer holdings are backed 1:1 by physical metal held on a pooled basis and recorded against each verified customer's account.
What is the minimum purchase?
The minimum purchase is 0.5 gram of gold or 10 grams of silver.
Can I sell my gold or silver?
Yes, you can submit sell requests through the app. Execution and settlement are subject to market availability, liquidity, banking, compliance, system and account checks.
How are prices calculated?
Prices are based on live international market rates. The applicable buy/sell spread and any relevant provider, bank, conversion, fabrication, delivery, insurance, VAT or statutory charges are displayed or disclosed under the applicable terms.
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. The Simodi app lets you submit buy and sell requests, track your recorded holdings, and request eligible physical redemption.
Is SIMODI licensed?
SIMODI GOLD FZCO is licensed by DMCC for its approved precious-metals trading activities under licence number DMCC-996420.
Is the gold insured?
Vaulted precious metals are insured under applicable policy terms, conditions, limits and exclusions. Further details are available in SIMODI's terms or upon request.
Can I withdraw physical gold?
Eligible holdings may be redeemed subject to minimum quantities, product availability, applicable charges and compliance checks. Physical delivery is currently available only within the UAE.
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.
Who can use Simodi?
Services are subject to jurisdictional availability, successful KYC and SIMODI acceptance. SIMODI does not currently provide services to US persons. You must be 18 or older. Physical delivery is currently available only to eligible addresses within the UAE.
Get Started
Ready to start your gold journey?
Buy and hold real, physically backed gold and silver with Simodi.
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