Placer Gold How to Buy
Quick answer
Buying Placer Gold runs from enquiry and offer, to contract, to insured shipment, to assay and settlement in Dubai.
87%
Typical purity
Confirmed on assay
500 g
Minimum order
60 kg
Monthly supply
By allocation
7108.12
HS code
Customs class
What is Placer Gold?
Placer Gold is placer deposits: flakes, fines and small nuggets from gravity recovery, 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 specialist part of our catalogue and typically assays around 90% gold, within a working range of 87% – 92% Au.
Because it comes straight from the source, placer 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 Barima-Waini and Port Kaituma, 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 placer gold is, how it is priced, how it ships to Dubai and how to buy it safely.
Payment terms and avoiding scams
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.
Sourced from Guyana's regulated mines
Our placer originates in Barima-Waini and Port Kaituma. 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.
Process
How buying works
- 1
Enquiry and offer
You send an enquiry with the quantity and form of placer you need. We reply with a clear offer stating specification, price basis and procedure, with no fees to proceed.
- 2
Contract and terms
We agree a short, plain sale and purchase agreement covering quantity, the LBMA-linked price formula, assay method, delivery and payment. Trial orders can scale into monthly tranches under a longer contract.
- 3
Insured shipment to Dubai
The consignment is sealed under the Guyana Gold Board export procedure and moves under secured, insured logistics, typically Brinks-to-Brinks, from Georgetown to Dubai.
- 4
Assay and settlement
On arrival the gold is assayed by fire assay and XRF. Final settlement is calculated on the assayed content, so you pay for the metal that is actually there, not an advance on a promise.
Regulated origin versus the risks
Sourcing with Guyana Gold Mines
- A network of 1,000+ miners, mines, dealers and refiners for the best available price
- Any volume matched, from a trial order to monthly tranches
- Documented origin with settlement on assayed content
- Payment after inspection, with no large advance demanded
Typical unverified-dore risk
- Mixed or anonymous origin with no usable paperwork
- Deep discounts to spot that only make sense in a scam
- Demands for advance payment, SKRs or fees before inspection
- No real assay and no clear settlement procedure
Frequently asked questions
What purity is Placer Gold from Guyana?
Placer Gold typically assays 87% – 92% Au. The exact content is confirmed by Fire assay and XRF on arrival in Dubai, and settlement is based on that assayed figure.
What is the minimum order for placer gold?
The minimum order is 500 g, and monthly availability runs to up to 60 kg. Trial orders can scale into regular monthly tranches under a longer contract.
How is placer gold priced?
It is priced against the LBMA spot: lbma spot minus 5.5% to 7.5%, on assay. Final pricing is confirmed against an agreed window and the assayed content.
Do you require advance payment?
No. Our standard terms are payment after assay in Dubai. Any supplier demanding a large advance payment before inspection should be treated with caution.
How does placer gold ship to Dubai?
It ships sealed under the Guyana Gold Board export procedure with secured, insured logistics, typically Brinks-to-Brinks, and is declared on entry to the UAE.
Enquire Now
Guyana Gold Mines is a gold sourcing organisation that connects buyers in Dubai and across the UAE with a network of more than 1,000 miners, mines, dealers and refiners throughout Guyana, sourcing gold dore bars, raw gold, nuggets and unwrought gold in any volume at the best available prices.