Getting To The Point – Gold

Questions to Ask Accredited Gold Refiners Before Hiring.

Just because the gold you have is not unrefined does not mean it is not valuable. There are times where you can find it unrefined and that means getting someone to refine it. You need to choose the refiner wisely though because you do not want to be putting such a valuable commodity in the hands of someone who is not trustworthy. You might be having a lot of names when it comes to gold refiners but you have to look beyond the obvious in knowing the best person to work with. You need to ask the person the time it will take for the work to be done. You should be expecting a time that is between days and weeks. With gold that has high purity level, you do not expect the work to take weeks. Also, be careful about people who promise to do the work in a day because there is a high possibility that they are taking shortcuts. You have to keep your eyes open and be more involved in every process so that you will not end up paying high for the services. Make sure you know every cost you are incurring and how it has been arrived at. Ensure you have a written price estimate before you bring your product to the professionals. Do not fall to the flat fee deals because most of the time they will not hold.

You should get an explanation on whether it is the material you take for refining that will be worked on and submitted back to you. Rarely will you get back exactly what you took to the refinery. The refiners will do a sampling of what you have submitted to them, assay determination and then settlement after which the unrefined gold will be combined with others and processed. Even so, these refiners will already have precise information on how much of pure gold you should be able to get after the refining process so that they can deliver that at the end of the day. You will be receiving pure gold but not necessarily from the batch you delivered.

Unrefined gold value varies from one batch to another. This is why you should insist on knowing about the analytical methods your refiner uses. Fire assay is the accepted method in determining the value of gold worldwide. Even though the refiner will do his or her best to give you the best assay results, you also need the valuation to be done by a third party so that you can compare the results. It is your product and at the end of the day it is all business which is why you have a right to get a second and even third opinion. Make sure you are aware of the methods used in resolving disputed assay results by the refiner before you get too deep and you can click here for more information.