Chain of Custody
nounArabic term: سلسلة الحيازة
Definition
The documented trail showing who held the gold at each step, from the mining region to the assay in Dubai.
Used in a transaction
A documented chain of custody satisfies UAE due diligence.
Chain of Custody in the context of Guyana gold
In the vocabulary of the gold trade, Chain of Custody means this: The documented trail showing who held the gold at each step, from the mining region to the assay in Dubai. For anyone buying or selling gold from Guyana into Dubai, reading this term correctly is the difference between a clean transaction and a costly misunderstanding.
Chain of Custody does not stand alone. In a real deal it sits alongside Due Diligence, Brinks-to-Brinks and HS 7108, and following those connections is how a professional reads an offer from the first quote to final settlement.
In practice you might see it used like this: "A documented chain of custody satisfies UAE due diligence." That is exactly how Chain of Custody appears in real Guyana-to-Dubai deals, where value is always confirmed on assayed content rather than a stated figure, and payment follows inspection.
How we apply Chain of Custody
When you deal with us, Chain of Custody sits inside a clear procedure: the deal is priced against the LBMA spot, the gold is assayed in Dubai, and settlement is based on the confirmed content, with no large advance payment. As a sourcing organisation with a network of over 1,000 miners, mines, dealers and refiners across Guyana, we use Chain of Custody in exactly the sense defined above.
If you see Chain of Custody used in a way that does not match this definition, or to push you toward paying fees before inspection, treat it as a warning sign. The right term clarifies a deal; it is never used to obscure one.
Related terms
Frequently asked questions
What does Chain of Custody mean?
The documented trail showing who held the gold at each step, from the mining region to the assay in Dubai.
How does Chain of Custody relate to buying Guyana gold?
We apply Chain of Custody transparently in our deals, with LBMA-linked pricing, settlement on assay and payment after inspection.