
22/10/2025
For African gold-exporting countries, the Dubai gold contracts could be transformative. Nations such as Tanzania, Ghana, South Africa, Sudan, and Mali, all of which have deep trading links with Dubai, stand to benefit from a more transparent and regionally aligned pricing mechanism that reflects actual market realities rather than Western benchmarks.
The roll out of Dubai gold contracts priced in UAE dirhams marks a major shift in global bullion trading, firming up Dubai’s influence in gold pricing.