Dubai-based precious metals specialist scales operations as gold surges past $4,500 per ounce<\/p>\n
As gold prices reach historic highs above $4,500 per ounce, Icon Gold has announced expanded operations across the Middle East, Africa, and South American gold-producing regions to meet surging global demand.<\/p>\n
Gold has climbed nearly 70% over the past year, marking its strongest annual performance since 1979. Major banks including JP Morgan and HSBC forecast prices could reach $5,000 per ounce by late 2026, driven by central bank purchasing and investor demand for safe-haven assets.<\/p>\n
\u201cThe current gold market presents unprecedented opportunities for producers and buyers alike,\u201d said Marcus Briggs, who operates Icon Investments under the Icon Group umbrella. \u201cWe are scaling our operations to ensure we can serve the growing number of sellers and buyers entering the market.\u201d<\/p>\n
Icon Gold, headquartered in Dubai and Kampala, provides end-to-end services spanning the precious metals value chain. The company operates from offices in Dubai and Ras Al Khaimah within the UAE, registered and regulated by DMCC Dubai Customs Centre in the Airport Free Zone. Its African headquarters in Kampala holds a Mineral Dealers License, enabling the company to test, purchase, and export precious metals throughout Africa.<\/p>\n
The expansion strengthens Icon Gold\u2019s presence across key African gold-producing nations including Uganda, Tanzania, and Ghana. These three countries represent some of the continent\u2019s most significant sources of precious metals, and record prices have intensified demand for reliable export channels.<\/p>\n
Marcus Briggs noted that African gold producers in particular are seeking established routes to capitalise on record prices. \u201cDubai\u2019s position as a global gold hub makes it the natural gateway between African producers and international markets,\u201d he said. \u201cOur infrastructure allows us to move quickly when market conditions demand it.\u201d<\/p>\n
Briggs added, \u201cWith gold forecast to reach $5,000 per ounce by late 2026, the timing is right to expand our African operations.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Dubai-based precious metals specialist scales operations as gold surges past $4,500 per ounce As gold prices reach historic…\n","protected":false},"author":2,"featured_media":16663,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[63,1325,2188,1409,10712,10713],"class_list":{"0":"post-16662","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-africa","8":"tag-africa","9":"tag-exports","10":"tag-finance","11":"tag-international","12":"tag-middle-east-north-africa","13":"tag-united-arab-emirates"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts\/16662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/comments?post=16662"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts\/16662\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/media\/16663"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/media?parent=16662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/categories?post=16662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/tags?post=16662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}