A gold dore bar is a semi-pure gold alloy that is produced through the smelting and refining of gold ore or gold-bearing material. It typically contains:

– 80-90% gold
– 5-10% silver
– 1-5% copper
– 1-5% zinc
– Other impurities like lead, iron, and sulfur

Gold dore bars are:

– Produced by mines, refineries, and recycling facilities
– Used as an intermediate product for further refining into pure gold (99.99%)
– Traded on gold markets and exchanges
– Valued for their gold content, with prices based on the gold price and purity

Gold dore bars are refined through electrolysis or chemical processes to produce pure gold, which is then cast into bars, coins, or other products.

Note: The term “dore” comes from the French word for “golden,” and refers to the bar’s golden color and high gold content.

Gold dore bars are traded from DRC/Tanzania/Uganda/Sierra Leone, Africa origin and on commodities exchanges, such as the London Bullion Market association (LBMA), and its price fluctuates based on market demand and supply.