What is Unwrought Gold?

Unwrought Gold is non-monetary unwrought gold: cast bars, buttons and smelted pieces (hs 7108.12), 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 90% gold, within a working range of 85% – 94% Au depending on form.

Because it comes straight from the source, unwrought 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 Cuyuni-Mazaruni, Barima-Waini and Potaro-Siparuni, 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 unwrought gold is, how it is priced, how it ships to Dubai and how to buy it safely.

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.