World Gold Council (WGC) and Dubai Multi Commodities Centre (DMCC) jointly launched Tuesday, yet another category of gold coins of the famous 'Visions of Dubai' series.

The coins on the 'Palm edition' features the image of Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on the front and The Palm Jumeirah, one of Dubai's iconic landmarks, on the reverse.

Made of 24-karat (999.9) gold and supported by the World Gold Council, the VoD coins are produced by Emirates Gold Refinery DMCC, which is accredited by Dubai Good Delivery; a standard developed by DMCC that has improved tradability and distribution of small gold bars and has enhanced the reputation of approved refineries.

The 24-karat VoD gold coins come in four sizes: 1oz (34 g), ½ oz (17 g), ¼ oz (8.5 g) and 1/10 oz (3.4 g).