Middle East & Africa

GTN expands its commodities offering, empowering investors to invest in physical gold and silver electronically

28th Feb, 2024

4 min read

GTN logo

GTN, a global fintech redefining investing and trading for all, is pleased to announce the addition of precious metals to its extensive asset class coverage, easing digital retail investing in physical gold and silver.

GTN’s new offering allows investors to buy gold and silver directly, which is more cost-effective than investing in gold and silver via CFDs, ETFs, mutual funds, etc. Using the GTN fractional engine, investors can now also invest as little as $1 in gold or silver, making this asset class accessible to the masses for direct investing as well as including it in micro portfolios.

In recent years, electronic trading of gold and silver has become a popular alternative to traditional investing in precious metals, as it eliminates associated costs for delivery, storage and insurance. Based on the Loco London Spot Price, in US dollars per fine ounce of gold and silver, retail investors will incur lower costs than other forms of metals trading, while benefiting from the world’s largest and oldest financial market for precious metals – the Loco London Market. 

Zaid Aloul, Executive VP, Institutional Business, said: “Gold plays a culturally significant role in the Middle East and has always been regarded as a safe haven asset to hedge against inflation, currency devaluation, and geopolitical uncertainties. We are now making it easier for our clients to launch access to precious metals for their own clients. With our new precious metals investment option, our clients can unlock new revenue streams, while their retail clients get the benefits of owning physical gold and silver – without the complexities associated with the traditional way of investing in precious metals.”

GTN clients can now make their services more attractive to their existing clientele and attract new ones by providing seamless access to precious metals trading as part of GTN’s multi-asset offering. Retail investors can choose from more diverse opportunities to optimise their portfolios for higher returns and better stability amidst market fluctuations. 

Spot gold and silver are accessible to partners, brokers, banks, wealth managers and fintech through GTN Trade and the company’s single API framework.


About GTN

GTN is a fintech pioneer with decades of success, holding broker-dealer and capital markets services licenses in multiple jurisdictions through subsidiaries. We are committed to empowering brokers, banks, asset managers, and fintechs with scalable and innovative investment and trading solutions that enable access to a comprehensive network of global markets and multiple asset classes, making investment and trading accessible to all. Our investment and trading solutions offer seamless integration with the existing services of regulated financial firms and fintechs via our co-branded front-ends and versatile API suite. Inspired by embedded finance, our API suite provides the adaptability to develop bespoke trading/investment applications or incorporate GTN features into existing platforms, enhancing their value proposition. In addition, our comprehensive global trading ecosystem includes best-in-class execution, custody, and post-trade solutions.

We bring together a diverse team of over 350 talented individuals spread across Dubai, Singapore, South Africa, Sri Lanka, the UK, and the US, united by a shared passion and purpose: empowering clients and transforming the accessibility to investment and trading opportunities for all. We are backed by strategic investors like the IFC, a member of the World Bank Group, and SBI Ventures Singapore Pte. Ltd., a group company of SBI Holdings, Inc., one of the largest financial services firms listed on the Tokyo Stock Exchange. To learn more, visit www.gtngroup.com or connect on LinkedIn.