Smelted Gold Bars Price

Smelted Gold Bars is priced against the London Bullion Market Association (LBMA) spot price, then adjusted for its form and purity. Our indicative basis is lbma spot minus 4.5% to 7%, on assay. The discount to spot reflects the refining and handling still required to turn semi-refined or raw gold into market-deliverable bars, and it narrows as purity and volume rise.

Using a reference spot of USD 3350 per troy ounce, the indicative working value of this form is around USD 3157 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.

Smelted Gold Bars typically runs at 88% – 93% Au, equivalent to a fineness of about 880 – 930. 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. 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.

Smelted Gold Bars is field-smelted bars, 100 g to 5 kg, poured at source, 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 91% gold, within a working range of 88% – 93% Au.

Because it comes straight from the source, smelted 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 Bartica and Cuyuni-Mazaruni, 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 smelted gold bars is, how it is priced, how it ships to Dubai and how to buy it safely.