How is Unwrought Gold assayed and verified?
Quick answer
Unwrought Gold is verified by Fire assay and XRF, and settled on assayed content in Dubai, so you pay for the actual gold rather than a stated figure.
Purity, fineness and assay
Unwrought Gold typically runs at 85% – 94% Au depending on form, equivalent to a fineness of about 850 – 940. 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.
Sourced from Guyana's regulated mines
Our unwrought originates in Cuyuni-Mazaruni, Barima-Waini and Potaro-Siparuni. 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.
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Frequently asked questions
What purity is Unwrought Gold from Guyana?
Unwrought Gold typically assays 85% – 94% Au depending on form. 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 unwrought gold?
The minimum order is 1 kg, and monthly availability runs to up to 200 kg. Trial orders can scale into regular monthly tranches under a longer contract.
How is unwrought gold priced?
It is priced against the LBMA spot: lbma spot minus 4% to 7% by form and volume, on assay. Final pricing is confirmed against an agreed window and the assayed content.