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USD 107.71 / per gram
العربية

How do you sell Non-Monetary Gold in Dubai?

Quick answer

Non-Monetary Gold is typically sold to UAE refineries that melt and assay the material and settle on confirmed content against the LBMA spot. Guyana Gold Mines connects suppliers directly to buyers at the best prices.

Purity, fineness and assay

Non-Monetary Gold typically runs at 85% – 99.9% Au by form. 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.

How the price works

Non-Monetary Gold is priced against the London Bullion Market Association (LBMA) spot price. Our indicative basis is by form: dore and raw at discount to spot; refined at 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.

People also ask

Frequently asked questions

What purity is Non-Monetary Gold from Guyana?

Non-Monetary Gold typically assays 85% – 99.9% Au by 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 non-monetary 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 non-monetary gold priced?

It is priced against the LBMA spot: by form: dore and raw at discount to spot; refined at premium. Final pricing is confirmed against an agreed window and the assayed content.

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