– 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.
(L-R): Mr. Mark Pey, Country Manager (UAE) – Monetary Metals, Mr. Mohamed Al-Mansouri, Co -founder, O Gold, Mr. Bandar Al-Othman, Chairman – O Gold, and Eng. Ahmed Abd El Tawab, CEO – O Gold.
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.”
- 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.
O Gold Precious Metals is the first Emirati app for fractional gold and silver ownership, enabling secure transactions starting from just 1 dirham. The platform offers seamless buying, selling, and leasing of precious metals, redefining gold investment with accessibility and security at its core.
With a strong focus on trust and transparency, O Gold ensures high-quality gold and silver, securely delivered with full insurance. Competitive pricing makes gold ownership more attainable, while the leasing feature allows users to earn returns on their physical assets.
More than just a retailer, O Gold serves as a trusted partner in financial security through precious metal investments. Backed by a dedicated customer service team, the platform provides a smooth and rewarding experience, adhering to the highest standards of quality and security.
Khaled Desouky, Marketing Manager, O GOLD | +971 559206233 Sharanya Nair, Ad&M PR | +971 522771709