How do you buy Unwrought Gold wholesale in Dubai?

Refineries and bulk importers classifying under HS 7108.12 are the typical buyers of this form. As a core product it moves in steady volume and is the natural entry point for a new supply relationship.

If you are sourcing for a refinery, a DMCC bullion desk, a souk wholesale operation or a jewellery manufacturing line, the specification above mirrors the RFQ language you already use, from AU content and purity to CIF Dubai delivery and payment after inspection. Send your requirement and we will respond with a matching offer.

Unwrought Gold 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% to 7% by form and volume, 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 3166 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.