Gold · Gold Doré
Gold Doré Supply
Gold doré is currently available for qualified commercial buyers, subject to product specifications, assay verification, documentation and agreed transaction requirements.
Currently available
Availability is confirmed according to product specifications, quantity, verification and transaction requirements.
What gold doré is
Gold doré is a semi-pure alloy of gold, usually cast into rough bars before the material reaches a refinery. It contains gold together with silver and other elements, and its composition varies between casts.
Doré is a normal stage in the gold supply chain, but it is not the same product as refined bullion and is never valued as though it were.
Doré vs refined bullion
Why the difference matters commercially
Refined bullion has been processed to a stated fineness and carries markings identifying the producer. Doré has not completed that process, so gross weight does not indicate gold content.
Two doré bars of identical weight can contain substantially different quantities of gold. Payment is therefore based on assayed metal content rather than on the weight of the bar.
Assay, refining and commercial use
- Sampling
- Because doré is not homogeneous, sampling must be representative of the whole bar and the procedure is agreed in advance.
- Assay method
- The applicable assay method, the laboratory and the treatment of any dispute over results are established before the transaction proceeds.
- Payable content
- Assayed gold content determines what is payable, adjusted for the agreed commercial terms.
- Refining
- Doré is generally directed to refiners or to buyers with refining arrangements, since it requires further processing.
- Documentation
- Source documentation and due diligence receive particular attention for material closer to the production stage.
- Suitability
- Buyers seeking finished bars for resale are usually looking for refined bullion rather than doré.
Documentation and due diligence
Requirements for doré differ by destination and are frequently more detailed than for refined product. Source documentation, counterparty information and export formalities are reviewed for each transaction.
We establish what information is available for the specific material under discussion rather than making general claims about the supply chain.
Live photography
Gold Doré and Bulk Material
Frequently Asked Questions
On assayed metal content rather than gross weight, referenced to the international gold price and adjusted for the agreed commercial terms, including refining and handling arrangements.
Looking for gold or silver?
Tell us what you are looking for, the quantity you require and your destination. Our trading team will review your enquiry and respond with the relevant information.