The gold industry relies greatly on refiners whose gold bars are accepted by associations and exchanges as “good delivery” for the settlement of transactions. The reason for this is that each association and exchange normally requires the specified good delivery bars, and the refiners operating from approved refineries, to meet a broad range of criteria. The procedure also generates confidence in the relevant market that an accredited refiner’s range of other gold bars and products would also be manufactured to the same high standard.
LONDON BULLION MARKET ASSOCIATION (LBMA) www.lbma.org.uk
NEW YORK MERCANTILE EXCHANGE (NYMEX), COMEX DIVISION www.nymex.com
BRAZILIAN MERCANTILE & FUTURES EXCHANGE, SAO PAULO (BM&F) www.bmf.com.br
DUBAI MULTI COMMODITIES CENTRE (DMCC) www.dmcc.ae
ISTANBUL GOLD EXCHANGE (IGE) www.iab.gov.tr
MULTI COMMODITY EXCHANGE OF INDIA LTD, MUMBAI (MCX) www.mcxindia.com
TOKYO COMMODITY EXCHANGE (TOCOM) www.tocom.or.jp
SHANGHAI GOLD EXCHANGE (SGE) www.sge.com.cn
SHANGHAI FUTURES EXCHANGE (SHFE) www.shfe.com.cn
THE CHINESE GOLD & SILVER EXCHANGE SOCIETY, HONG KONG (CGSE) www.cgse.com.hk
GOLD ACCREDITION
ACCREDITED REFINERS OFFICIAL STAMPS AND CERTIFICATION MARKS
A S S AY I N G O F G O L D
A vital part of working with precious metals has to be the ability to determine accurately the composition of materials. In the manufacture of gold jewellery products it is essential to know the exact composition to ensure conformity with carat gold standards and to avoid “giving away” precious metal for which a customer is not paying. Accurate analysis of gold has been conducted for centuries by the use of the fire assay technique. It is universally used and has been the basis for gold analysis as long as analytical techniques have been practised and is specified by the International Standards Organisation as the referee method for the determination of the fineness of carat gold jewellery alloys
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