Global energy trade

// GOLD & PRECIOUS METALS

Gold Doré & Bullion Trade for Qualified Counterparties

A structured starting point for qualified Gold Doré Bars and Gold Bullion enquiries, with product, assay, delivery, and commercial requirements made clear before introductions.

// Product distinction

Two products. Two distinct transaction profiles.

Gold Doré Bars

Semi-refined material, assessed by assay.

Gold Doré, pronounced roughly dor-ay, is a semi-refined gold product produced at or near a mine before final purification at a refinery. A typical bar contains gold, silver, and small amounts of other metals or impurities.

Gold content can vary materially, often roughly 60% to 95%+ Au. A credible transaction needs an assay to establish the actual gold content and commercial value.

Gold Bullion

Refined investment-grade gold.

Gold Bullion is refined investment-grade gold, typically produced as bars, ingots, or coins with precisely established weight and purity. Unlike Gold Doré, bullion has already undergone refining.

After refining, gold can reach 99.5% to 99.99%+ Au, depending on the required standard and the refinery documentation supporting it.

// Gold Bullion

Typical bullion specifications

Purity

99.5% to 99.99%+ Au

Common bar

1 kg

Institutional market

Approximately 400 troy oz Good Delivery bars

Measurement

Kilograms or troy ounces

Pricing

International spot reference, with applicable premium, discount, and transaction costs

Documentation

Refinery certificate or assay, serial numbers, weight and purity records, and provenance where applicable

// Buyer request

Clear details create a credible starting point.

For Gold Doré, kilograms are generally the most natural unit for physical transaction requirements. A useful request gives the parties enough clarity to assess whether the product and commercial parameters align.

01

Product & role

Gold Doré Bars or Gold Bullion, plus end buyer, buyer mandate, or authorized representative.

02

Quantity & purity

Required quantity and monthly quantity in kg, with minimum gold content or purity in % Au.

03

Origin & location

Preferred origin, current location, and delivery destination, including refinery where relevant.

04

Delivery & assay

CIF, FOB, or secure delivery basis, alongside available assay information or the buyer's assay requirement.

05

Commercial basis

Preferred refinery, pricing basis, payment method, trial transaction, contract term, and timing.

06

Buyer documentation

CIS, LOI, ICPO, KYC, KYB, or other documentation appropriate to the stage of discussion.

// Transaction criteria

Counterparty Qualification & Gold Transaction Criteria

01

Purity & Form Specifications

Define the Gold Doré form and assay position, or the 999.9 fine Gold Bullion bar format, serial details, and hallmarking where applicable.

02

Delivery & Logistics Basis

Confirm CIF, FOB, or vault-to-vault transfer arrangements, the delivery point, timing, custody sequence, and relevant security requirements.

03

Documentation & Compliance

Align assay certificates, Safe Keeping Receipts where applicable, KYC information, provenance records, and other documentation appropriate to the transaction stage.

// Frequently asked questions

Gold Doré Bars & Gold Bullion

What is Gold Doré?

Gold Doré is a semi-refined product produced at or near a mine. It usually contains gold, silver, and minor impurities, and is sent to a refinery for final purification.

How is Gold Doré different from Gold Bullion?

Gold Bullion is already refined investment-grade gold with an established weight and purity. Gold Doré is not fully refined, so its gold content and value must be established by assay.

Why is an assay important for Gold Doré?

Gold content in Doré can vary significantly. An assay establishes the actual gold content and provides the basis for assessing commercial value and refinery requirements.

What information should a Gold Doré request include?

Start with product, quantity in kg, minimum purity, origin, current location, delivery destination, delivery basis, assay status, refinery, and payment method.

// Qualified enquiries

Ready to discuss Gold Doré Bars or Gold Bullion?

Start with the product and transaction details. A clear request is the right basis for a serious conversation.

Request Gold