Process of Refining Gold
Investing in gold doré bars(95% pure) involves purchasing and holding unrefined gold bars that contain impurities, such as silver, copper, and other metals.
Refiners prefer to buy gold Dore directly from mining companies. These companies extract the gold from the mines, purify it to some extent, and then sell it in the form of gold Buillion(99.9%). Refiners can purchase gold Dore bars from these companies and hold them as a long-term investment, purify them further and then sell them to investors
Investing in gold Dore is a way of investing in raw, unrefined gold that is typically mined from a placer deposit or a gold mine. We purchase gold Dore directly from a gold mining company then refine the gold doré at a discount compared to the refined gold prices then the refineries can then sell the refined gold on the market for a profit.