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USD 107.71 / per gram
العربية

Gold Dore

VS

Refined Gold

Gold Dore vs Refined Gold

Dore is semi-refined gold from the mine; refined gold is market-deliverable bullion. This compares purity, price and who buys each.

Verdict

Dore offers a lower entry price for buyers who refine or place it; refined gold trades close to spot and is ready to hold or resell.

CriterionGold DoreRefined Gold
Purity85 to 95%99.5 to 99.99%
Price basisLBMA spot minus a refining marginLBMA spot plus a small premium
Typical buyerRefineries and feedstock buyersInvestors and bullion dealers
Processing neededRefining requiredReady to trade

Gold Dore

Choose dore for refining feedstock and the best discount to spot.

Refined Gold

Choose refined gold for investment-ready, certificate-matched bars.

Gold Dore and Refined Gold head to head

Dore is semi-refined gold from the mine; refined gold is market-deliverable bullion. This compares purity, price and who buys each.

On purity, Gold Dore offers 85 to 95%, while Refined Gold offers 99.5 to 99.99%. On price basis, Gold Dore offers lbma spot minus a refining margin, while Refined Gold offers lbma spot plus a small premium.

On typical buyer, Gold Dore offers refineries and feedstock buyers, while Refined Gold offers investors and bullion dealers. On processing needed, Gold Dore offers refining required, while Refined Gold offers ready to trade.

Which should you choose

Dore offers a lower entry price for buyers who refine or place it; refined gold trades close to spot and is ready to hold or resell.

Choose dore for refining feedstock and the best discount to spot. Choose refined gold for investment-ready, certificate-matched bars.

How we supply both from Guyana

Whether you choose Gold Dore or Refined Gold, we supply both direct through a network of over 1,000 miners, mines, dealers and refiners across Guyana, with LBMA-linked pricing and settlement on assayed content in Dubai and no advance payment, so you get the best price on either option.

Other comparisons

Frequently asked questions

Gold Dore or Refined Gold: which should I choose?

Dore offers a lower entry price for buyers who refine or place it; refined gold trades close to spot and is ready to hold or resell.

Is dore cheaper than refined gold?

Yes, dore trades at a discount to spot because it still needs refining, while refined bars carry a small premium.

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