Your Gold/Silver Edge Investment Account allows you the freedom to buy gold/silver online and convert gold/silver to cash at your convenience. It’s the easiest way to invest in gold/silver. You can buy and/or sell any quantity above 1 ounce.
Portfolio diversity
Enjoy the ability to make investments across asset classes, as recommended by experts. This bypasses the need for brokerage and offers the opportunity for a diverse portfolio.
Competitive pricing
Your Gold/Silver Edge Investment Account offers you all the benefits of competitive pricing. The unit price is adjusted twice daily to give you access to the latest information which will equip you to make your investments.
Invest in gold/silver the most convenient way
With a Gold/Silver Edge Investment Account, buy gold/silver online without worrying about storage or security. Invest in the world's most precious metals without having to find a broker, pay storage fees or even leave the house.
International gold/silver trading with no minimum fee, no fall below fees & no documentation.
Apply online using Mashreq Online.
Simple & Easy
Gold/Silver is held electronically, so there are no hassles and risks of storing and moving physical gold/silver.
Buy gold from wherever you are
It’s simple, you can buy gold online without worrying about storage or security.
Eligibility
Minimum balance
Not applicable
Mashreq Account
Customers who already hold an active Current or Savings Account with Mashreq Bank
Age
Must be 18 years old and above. A minor (below the age of 18) can apply along with a guardian.
A Gold/Silver Edge Investment Account is similar to any other foreign currency account, designated with the currency code XAU/XAG and denominated in troy ounces.
Was this useful?
You need to have an active Current and/or Savings Account with the bank in order to apply for a Gold/Silver Edge Investment Account.
Was this useful?
There is no interest paid on the Gold/Silver Edge Investment Account.
Was this useful?
You can apply for a Gold/Silver Edge Investment Account using Mashreq Online.
Was this useful?
There is no minimum amount required. You simply decide how many troy ounces of gold/silver you would like to invest in. Then, according to the prevailing gold/silver rate, simply transfer the funds from your AED or USD account into your XAU/XAG account.
Was this useful?
You can buy or sell any amount of Gold/Silver equal to or greater than 1 ounce through this account in a single transaction (less than 1 ounce is not permitted).
Was this useful?
You may also be interested in
Basic Savings Account
A Savings Account that offers interest on deposits, whilst offering you the freedom to make banking transactions at no cost.
Interest rate of 0.15% per annum every 6 months (Rates are subject to change)