Tag Archives: UAE-based refiner SAM Precious Metals plans on expanding globally as market value estimated to reach US415 bn by 2028

UAE-based refiner SAM Precious Metals plans on expanding globally as market value estimated to reach US415 bn by 2028

UAE-based refiner SAM Precious Metals plans on expanding globally as market value estimated to reach US415 bn by 2028

Date: Dubai, UAE, October 18, 2022

News Highlights:

  1. The Middle East Precious Metal Refining Market size is forecast to reach US$25.3 billion by 2027;
  • Global Precious Metal Market was worth US$240.5 billion in the year 2021;
  • The market is projected to grow at a CAGR of 8.1%, to US415.3 billion by the end of 2028.

SAM Precious Metals, a UAE-based refiner, is planning to set up around 13 refineries around the globe. Established and headquartered in Dubai, the city of gold, SAM Precious Metals is one of the top gold and silver refineries in the UAE and is globally renowned in the industry with high end and state-of-the-art facilities in Dubai and Egypt.

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