mineral · input

Refined Gold Bullion (Jewelry Grade)

LBMA Good Delivery refined gold (≥99.5%) alloyed to karat for jewelry. Price is set on global bullion markets; jewelry is the largest single demand category for gold.

12

Source countries

5

Companies

1

Goods affected

0

Claims on record

What depends on it

Goods that need this input

1 essential American goods rely on refined gold bullion (jewelry grade) somewhere upstream in their supply chain.

Where it comes from

Source countries

Share of global supply, by country.

Who makes it

Supplier companies

5 companies produce refined gold bullion (jewelry grade).

Heraeus Precious Metals

HQ DE

World's largest precious metals recycler and a major PGM refiner; Hanau (Germany) is primary site with €35M expansion by 2026 adding electrolytic lines; also operates PGM recycling in South Africa (Port Elizabeth), USA (Santa Fe Springs CA, Wartburg TN), China (Taicang), and India (Udaipur).

Metalor Technologies

HQ CH

Swiss precious-metals refiner (LBMA Good Delivery).

PAMP / MKS PAMP Group

HQ CH

Major Swiss precious-metals refiner and bullion brand (MKS PAMP).

Rand Refinery

HQ ZA

World's largest single gold refinery by capacity; refines much of African gold.

Valcambi SA

HQ CH

One of the four big Swiss gold refiners (LBMA Good Delivery); among the largest precious-metal refineries worldwide.