India’s Multi Commodity Exchange (MCX) has officially recognized the UAE Good Delivery programme, in a step that reflects growing international confidence in the UAE’s gold sector and the standards governing its supply chains.

Under the decision, the exchange will begin listing 100-gram gold bars produced by refineries accredited under the UAE Good Delivery programme. The move highlights the credibility of gold refined in the UAE and supports the integration of the Emirati standard into India’s gold market infrastructure.

Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade and Chairman of the UAE Bullion Market Committee, welcomed the development, describing it as clear recognition of the UAE’s commitment to competitive trading standards at a global level. He said these standards have helped reinforce the country’s position as an important international centre for the precious metals industry.

Al Zeyoudi said the UAE is one of the world’s leading hubs for gold trade, adding that the country’s commitment to integrity and transparency remains central to the trust it has earned across global gold markets. He noted that the UAE Good Delivery programme is one of the key pillars of the regulatory framework the country has built to meet, and in many cases exceed, internationally recognized standards.

He added that MCX’s decision to list gold produced by refineries approved under the UAE Good Delivery programme reflects the level of international confidence in the strength of the standards applied across the UAE’s gold sector.

The listing also underlines India’s strategic importance within the UAE’s gold supply chains. Gold trade has played a major role in the strong growth of non-oil trade between the UAE and India since the Comprehensive Economic Partnership Agreement came into effect in 2022.

Between 2022 and 2025, bilateral gold trade between the two countries rose from around $3 billion to $17 billion. The increase points to the value created by the UAE Good Delivery programme, alongside the broader benefits enabled by the UAE-India trade partnership.

The figures also reflect the confidence that participants in the Indian market — one of the largest gold markets in the world — place in the UAE’s Good Delivery standards and in the country’s advanced infrastructure for refining, regulation and trade.