Gold Dore
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.
| Criterion | Gold Dore | Refined Gold |
|---|---|---|
| Purity | 85 to 95% | 99.5 to 99.99% |
| Price basis | LBMA spot minus a refining margin | LBMA spot plus a small premium |
| Typical buyer | Refineries and feedstock buyers | Investors and bullion dealers |
| Processing needed | Refining required | Ready 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.