Open a Rakbank Gold Account to start investing in gold. Benefit from easy conversions of balances to physical gold and secure investment options.

Gold Account: Buy & Invest In Gold Online | Rakbank UAE

Gold Account

RAKBANK Gold Account offering secure savings and premium banking benefits for customers in the UAE

Buy gold digitally starting from 1 gram

Retail_english_Revised quality_High res.png

<ul>
<li>Customer must have an active Rakbank Current or Savings Account</li>
</ul>

Gold Account - Other Requirements

Key Fact Statement

Service and Price Guide 

Terms and Conditions

Gold Account - Relevant links

Gold Account - Wrapper - Tabbed Box

FAQ's - Item 8

Gold Account & Trading  -  Fees Item 3

Gold Account - Gold Account

ACCOUNT FEATURES

Buying, selling, and saving in gold has never been simpler. Do it all digitally, at your convenience.

Build your savings in gold

Scan the QR code to download the app from the Apple App Store

Download the Rakbank Mobile app!

Discover the Rakbank App and enjoy cutting-edge Digital Banking services at your fingertips. Seamlessly manage your accounts, conduct secure transactions, and enjoy a range of innovative features – all in one user-friendly platform.

Scan the QR code to download the app from the Google Play Store

Standard Current Account - RakMobile

Bank on the go anytime, anywhere

<ul>
<li>The Bank may amend the features, fees, charges, terms &amp; conditions of the account with 60 days notice to you in advance.</li>
<li>Gold rates are based on market rates which are updated regularly, and will be applied for buying and selling gold. Hence, no notice period will apply.</li>
<li>If the transaction Account linked to the Gold Account is not used for a period of 1 year, it will be designated as inactive and you will not be able to transact unless activated again.</li>
</ul>

Gold Account - Key Terms and Conditions

hero-img-01.jpg

Saving in Digital Gold 

No min salary/income required

Account

Gold Account - Terms and Conditions Notification

Important Information 

Gold Account - Faq's Divider Title

FAQs

FAQ's - Item 6

ELIGIBILITY & FEES

You're just a few minutes away from getting started

Gold Account - Divider title with apply now - tabbed box

Gold Account - Hero

Segment - Personal

Gold Account & Trading  - Fees

Fees

Call Me Back Option - Personal/Business start 3000

Submit your details and we’ll be in touch soon

Call me back

RAKBANK Gold Account helping customers enjoy capital gains through gold value appreciation

Gold - Benefit card(2) - Enjoy capital gains

Enjoy capital gains

Gold Account - Save regularly

Set up standing instructions and your gold savings take care of themselves. No reminders needed, just steady progress every month.

Save regularly

Physical gold custody charge if not collected from Rakbank branch within 1 month* (per month)

Gold Account & Trading  -  Fees Item 1

rakbank-gold-account-capital-gains.jpg

In Page Floating Menu

UAE customer accessing RAKBANK Gold Account features to buy or sell gold anytime via Digital Banking

Buy and sell gold anytime through the Rakbank app or online banking. You have full control over your Gold Account, so whether you're building your portfolio or taking profits after a price rise, it's all just a few taps away.
*Gold buy or sell transactions may be unavailable on weekends and bank holidays.

Gold - benefit Card(1)

Buy / sell anytime through Rakbank Digital Banking*

AED 50,000-above

Gold Account & Trading - Fees

<ul>
<li>UAE residents and non-residents</li>
</ul>

Gold Account - Residency

Personal - Apply From RakMobile

Download the Rakbank app and apply instantly

Not a Rakbank customer?

Global Tabbed Box

Conventional

Gold Account & Trading  -  Fees Item 2

FAQ's - Item 1

Buy / sell gold digitally

Available in XAU

Gold Account - Buy gold digitally

Buy gold at competitive prices through the Rakbank App or Online Banking, quickly and securely.
 
*Gold buy or sell transactions may be unavailable on weekends and bank holidays.

Buy gold digitally

Benefit Cards Container

Standard Current Account - NeedHelpCardItem1

Which account is best for you? 

Gold Account - Eligibility

Gold Account - Need Help Card

Eligibility

You can apply for this product using <a href="https://rakbankonline.ae/Digital/AuthenticationController?FORMSGROUP_ID__=AuthenticationFG&amp;__START_TRAN_FLAG__=Y&amp;__FG_BUTTONS__=LOAD&amp;ACTION.LOAD=Y&amp;AuthenticationFG.LOGIN_FLAG=1&amp;BANK_ID=RAK&amp;USER_TYPE=1" target="_blank" rel="noopener">RAKBANK Digital Banking</a>. Here are the steps: 1.Go to&nbsp;<a href="http://www.rakbank.ae/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=http://www.rakbank.ae&amp;source=gmail&amp;ust=1687508562826000&amp;usg=AOvVaw02TXDJiNUympHIWw84JK-0">www.rakbank.ae</a> 2.Select the &ldquo;Business&rdquo; from Digital Banking login type 3.Login using your Username &amp; Password 4.Click on "Discover &amp; Apply" 5.Select the desired product

Business - Apply through Digital Banking

Log in to RAKBANK Digital Banking and apply instantly

Apply through Digital Banking

01_GoldInvestment.jpg

Gold Account - Terms and Conditions

Gold Account - feature card container

Revised quality_High res - Edited_Without background.png

FAQ's - Item 2

For UAE residents & non-residents

Offered to both residents and non-residents

AED 20,000-49,999

Gold Account - We’re here to help

Gold Account - Wrapper - Feature Card

Applicable redemption fees for physical gold are as per the Gold Account <a title="Service and Price Guide" href="/globalassets/rakbank/all-pdfs/001---service-and-price-guides/bilingual/004-j00183-sp-goldaccount.pdf" target="_blank" rel="noopener">Service and Price Guide</a>. In addition, there may be standard fees which apply.
 *Fees are inclusive of VAT at the current rate of 5%, as applicable under UAE law.&nbsp;

Gold Account - Fees

Gold - Benefit card(1) - Buy / sell anytime through RAKBANK Digital Banking

FAQ's - Item 5

Gold Account - Wrapper - BenefitCard

Standard Current Account - NeedHelpCardItem2

Which account is the best one?

RAKBANK Gold Account offering competitive gold pricing for customers in the UAE

Gold - Benefit card(3) - Competitive pricing

Competitive pricing

FAQ's - Item 4

Gold Account - Enjoy exclusive benefits with your Gold Account

Benefits

What comes with your Gold Account

Gold Account - FAQ's

FAQ Accordion Items

Chat with an agent

Find answers to our most commonly asked questions, all in one place.

FAQ’s Help Card

hero-img-03.jpg

Rewards

Competitive pricing.jpg

Withdrawal restriction: A penalty interest of 2% per annum is applied for premature withdrawal

Gold Account & Trading

Gold Account - Option to save in grams

Start building your gold savings from as little as 1 gram. No need to commit to large amounts. Grow at your own pace.

Start from 1 gram

Option to save in grams

rakbank-gold-account-sell-anytime.jpg

FAQ's - Item 3

You are required to:
<ul>
<li style="font-weight: 400;" aria-level="1">Review this document and all other terms &amp; conditions set out in the application form in detail;</li>
<li style="font-weight: 400;" aria-level="1">Regularly check our website www.rakbank.ae for updates;</li>
<li style="font-weight: 400;" aria-level="1">Notify the Bank in writing if there is a change in your employment or income details, contact details, residential status, identification details, financial details or any other material information as declared in the application form; and</li>
<li style="font-weight: 400;" aria-level="1">Always safeguard sensitive banking details such as your Account number, chequebook, Debit Card, login ID, passwords, PIN, etc.</li>
</ul>

Gold Account - Customer Obligations

Hero_gold.webp

Gold Account - Terms And Conditions

Gold Account - Global HelpCard

There are no fees for buying and selling gold through your Rakbank Gold Account. Transactions are carried out at the bank's prevailing real-time gold rates.

Gold - benefit Card(3) - Competitive pricing

Min age 18 years old

Scan the QR code to download the RAKBANK app from the Apple App Store

Download the RAKBANK App!

Discover the Rakbank app and enjoy digital banking designed to fit your day. Manage your accounts, make secure transactions, and access smart features all in one simple, easy-to-use app

Download the Rakbank App!

RAKBANK mobile and digital banking features enabling customers to bank anytime, anywhere

Global - RAKBANK APP- Personal

Bank on the go, anytime, anywhere

When gold prices rise, so does the value of your savings. Sell when the time is right and pocket the difference.

Gold - benefit Card(2) - Enjoy capital gains

Dedicated branch for redemption of physical gold

Possibility to make transactions at branch

Additional funding account required

FAQ's - Item 7

Gold Account - Hero Item

AED 3,000-19,999

<ul>
<li style="font-weight: 400;" aria-level="1">Rakbank's prevailing gold rate is subject to market price fluctuations and customer may lose value of the purchased gold if the sell rate goes below buy rate.</li>
<li style="font-weight: 400;" aria-level="1">The Bank may close the Account if KYC or identification documents are not updated regularly, or if required as internal policies or upon request from regulatory judiciary / entities.</li>
</ul>