DPMC 2024 charts the next phase of growth for precious metals growth

DMCC has successfully concluded the 12th edition of the Dubai Precious Metals Conference (DPMC), convening over 800 global industry leaders and stakeholders to chart the next phase of growth for the future of precious metals. The event was held in partnership with the UAE Ministry of Economy.

Under the theme “The Future of Precious Metals: Modernising Trade in a Multipolar Market”, industry experts and regulators explored emerging trends, innovations and challenges within the precious metals sector.

During his keynote address, His Excellency Abdulla bin Touq Al Marri, Cabinet Member & UAE Minister of Economy, said: “Today, the UAE stands as a vital hub for international trade in precious metals, attracting businesses and investments from around the world. This success is underpinned by advanced infrastructure and forward-thinking regulations, as well as an unwavering commitment to traceability best practices, which make the UAE a trusted destination for industry players. Through DMCC’s world-class facilities and support, gold companies operating in the UAE enjoy unparalleled opportunities to thrive. As we look to the future, the gold industry is poised for a transformative era shaped by sustainability, innovation, and advanced technology.”

Delegates were welcomed by Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, who said: “Amid transformative changes in the landscape, Dubai continues to consolidate its position as a leading hub for precious metals trade. As we navigate this pivotal moment, Dubai will continue to provide the precious metals industry with the infrastructure, world-class ecosystems and ease of doing business needed to drive innovation, collaboration and growth, as we seize the momentum to drive the next chapter for the industry.”

The conference panels provided a comprehensive overview of the evolving precious metals landscape, highlighting the growing influence of BRICS nations, the challenges in supply chain integrity and the transformative role of technology.