Two Pillars Advisory FZCO › UAE Business Activity Finder

Precious Metals Trading

Trading bullion, silver, platinum and related products, often with vaulting and logistics arrangements.

Commonly searched as: precious metals licence dubai, bullion trading licence uae, silver trading company dubai, precious metals and stones trading licence uae, gold bullion company dubai.

Activity at a glance

  • Canonical activity label: Precious Metals Trading (plain-English label, not an official activity name)
  • Category: Precious Goods
  • Activity type: Trading with compliance obligations
  • Likely jurisdiction context: Regulated
  • Possible external approvals: AML registration, responsible sourcing and reporting obligations commonly apply to precious metals dealers.

What this licence is for

Trading bullion, silver, platinum and related products, often with vaulting and logistics arrangements.

In practice the licence follows the operating model rather than the job title. Before selecting an activity we look at what you sell, who you sell it to, where the work is performed, whether you need premises or staff on the ground, and whether any part of the scope falls into a supervised or restricted area.

A single commercial description can map to several activity entries across different authorities, and picking the wrong one creates friction later at banking, visa quota or renewal stage. We confirm the wording with the licensing authority before you commit to a jurisdiction.

Official reference and regulator context

Published authority sources relevant to this area. Two Pillars Advisory FZCO is an independent consultancy and is not affiliated with, endorsed by or acting on behalf of any authority listed here.

  • Ministry of Economy and Tourism (UAE): Dealers in Precious Metals and Precious Stones: DNFBP and responsible sourcing framework. Dealers in precious metals and stones fall within the DNFBP anti-money-laundering framework. These obligations sit alongside the commercial trade licence and are not a substitute for it. https://www.moet.gov.ae Last checked by Two Pillars: 2026-09-12.

Confirming the official activity wording

Official activity names and codes are held by the licensing authority, not by us. Before filing, the wording is checked against the authority catalogue for the chosen jurisdiction.

Frequently asked questions

What is a Precious Metals Trading licence in the UAE?
Trading bullion, silver, platinum and related products, often with vaulting and logistics arrangements. "Precious Metals Trading" is the plain-English label this is commonly searched as; the exact activity wording on a licence varies by emirate, free zone and business model.
Is Precious Metals Trading a mainland or free zone activity?
This sits in a regulated space, so the jurisdiction follows the regulator and the permitted scope rather than cost alone. The route depends on where your clients and assets sit, and authority confirmation is required before you commit.
Are external approvals needed for Precious Metals Trading?
AML registration, responsible sourcing and reporting obligations commonly apply to precious metals dealers. We check the approval position for your specific scope with the relevant authority before any application is filed.
How do I confirm the correct activity wording?
Activity catalogues differ between authorities and are updated periodically. We match your intended operations to the closest available activity, confirm it with the licensing authority, and flag anything that needs a separate approval or a different structure.

Ask Two Pillars to confirm the correct activity

Tell us how you plan to operate under Precious Metals Trading. We will confirm the available activity wording, the jurisdiction route and any approvals to plan for. Request a consultation.

Two Pillars Advisory FZCO is an independent consultancy and is not a government entity. The labels on these pages are plain-English descriptions of commonly searched activities, not official activity names, codes, fee schedules or regulator approvals. Applicability, permitted scope and any external approval requirement are confirmed with the relevant authority before an application is filed.