Gold Bars

Gold Bars is all bar formats: dore, smelted and refined, 100 g to 12.5 kg, sourced from gold mined in Guyana and supplied by Guyana Gold Mines to buyers in Dubai and across the United Arab Emirates. We work with a network of more than 1,000 miners, mines, dealers and refiners throughout Guyana, which lets us aggregate supply, match almost any volume and secure the best available price. It sits in the core part of our catalogue and typically assays around 94% gold, within a working range of 88% – 99.99% Au by type.

Because it comes straight from the source, gold bars is priced and settled on its real, assayed gold content rather than on a fixed retail figure. That matters to professional buyers, who are paying for metal, not for branding. The material is drawn from Cuyuni-Mazaruni, Mahdia and Bartica, and each consignment carries the Guyana Gold Board export documentation that lets an importer classify and clear it cleanly in the UAE.

Whether you are a refinery buying feedstock, a trader building monthly volume or a manufacturer securing supply, this page sets out exactly what gold bars is, how it is priced, how it ships to Dubai and how to buy it safely.

Gold Bars typically runs at 88% – 99.99% Au by type. Natural and semi-refined gold varies lot to lot, which is exactly why the deal is settled on assay rather than on a headline number. Nobody serious pays a fixed price for an unverified purity.

We verify content using Fire assay, XRF, Refinery certificate. Fire assay remains the reference method for settlement because it measures the actual gold recovered from a representative sample; XRF gives a fast surface reading for cross-checking. On arrival in Dubai the buyer, or a mutually agreed assayer, confirms the content, and the final invoice is calculated from that figure.

This assay-first approach protects both sides. You never overpay for material that under-assays, and we are paid fairly for material that meets or exceeds expectations. It is the standard the UAE's refineries and bullion desks already work to.

Gold Bars is priced against the London Bullion Market Association (LBMA) spot price. Our indicative basis is dore at discount to spot; refined at small premium, reflecting the refining and certification already carried in this form.

Using a reference spot of USD 3350 per troy ounce, the indicative working value of this form is around USD 3350 per ounce before final assay. That number is illustrative only: the live LBMA spot moves continuously, and your actual settlement is fixed against an agreed pricing window and the confirmed assayed content.

We never ask for a deep, unexplained discount to spot to be paid upfront, and neither should any genuine buyer accept an offer that demands one. Realistic, transparent pricing tied to LBMA is a core marker of a legitimate origin deal.

Our gold bars originates in Cuyuni-Mazaruni, Mahdia and Bartica. Guyana's gold sector is regulated by the Guyana Gold Board and the Guyana Geology and Mines Commission, which oversee declaration, export permits and the licensing of dealers and miners. That framework is the backbone of the documentation you receive.

Sourcing from a single, regulated origin country is a deliberate contrast to the anonymous, mixed-origin dore that fuels much of the negative news around the global gold trade. With Guyana Gold Mines, the chain of custody runs from a known region, through the Gold Board export procedure, to your assay in Dubai, and it is documented at every step.

Gold Bars is sealed for export with the Gold Board seal and moves under secured, insured logistics. For most consignments that means a Brinks-to-Brinks movement from Georgetown to Dubai, with the metal never leaving the secured chain until it reaches the assay point.

There is no direct flight between Guyana and the UAE, so shipments route through a European or North American hub, with typical transit of eighteen to twenty-four hours in the air plus handling. High-value gold cargo is declared on entry to the UAE in line with local rules, and we prepare the export and origin paperwork an importer needs to clear it without friction.

Our default is payment after assay. You inspect and assay the gold, and settlement follows on the confirmed content, often within twenty-four to seventy-two hours of inspection. For established relationships and larger programmes, payment can be structured around a documentary letter of credit or a standby instrument, with settlement by MT103 wire on delivery.

The gold trade attracts a lot of fraud built on advance-fee demands, fake safe-keeping receipts and fantasy discounts. We publish a full, plain-language guide to the deal-flow chain, from the soft corporate offer through to final settlement, precisely so buyers can tell a real procedure from a scam. If any counterparty asks for a large payment before you have seen and assayed the metal, treat it as a red flag.

All buyer categories; the entry page for bar enquiries are the typical buyers of this form. As a core product it moves in steady volume and is the natural entry point for a new supply relationship.

If you are sourcing for a refinery, a DMCC bullion desk, a souk wholesale operation or a jewellery manufacturing line, the specification above mirrors the RFQ language you already use, from AU content and purity to CIF Dubai delivery and payment after inspection. Send your requirement and we will respond with a matching offer.