What is the price of 24K Gold per gram in Dubai?

24K Gold is priced against the London Bullion Market Association (LBMA) spot price. Our indicative basis is lbma spot plus refining premium by form, 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.

24K Gold typically runs at 99.9%+ Au (24 karat), equivalent to a fineness of about 999+. 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 Refinery certificate, 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.