Gold

Executive overview

Physical gold is traded in forms including doré, refined bars and other products. Commercial diligence must connect form, fineness, weight, assay, chain of custody, title and responsible-sourcing controls to a specific lot. A generic offer of “gold” is not a complete specification.

The London Bullion Market Association (LBMA) publishes Good Delivery standards for bars accepted in its settlement system; that designation should not be treated as a universal requirement for every physical transaction. Refining, assay, export, customs, sanctions and responsible-sourcing obligations depend on the transaction and jurisdictions involved.

9Delves supports institutional mandate definition, counterparty qualification and document coordination. Any Colombian origin discussed commercially is handled at a general country level here; no mine, family or location is identified. Availability, grade, authority and export capability require evidence for the specific transaction.

Industries served

• Precious-metals refiners
• Bullion dealers and traders
• Jewelry manufacturers
• Industrial users
• Institutional investors and lenders

Typical origins

Colombia and other established producing regions; origin, ownership, authority, assay and export capability require transaction-specific verification.

Supply capabilities

A gold mandate should identify product form, fineness, bar or lot format, weight tolerance, assay method, origin, custody, destination, inspection, delivery rule, payment structure and compliance documents. Buyers should establish who owns the material and who is authorized to sell it, then reconcile assay, serials or lot references, packing and transport records where applicable.

Responsible-sourcing review, beneficial-ownership checks, sanctions screening and export/customs advice are separate controls. Refinery or exchange credentials can be relevant evidence but do not replace verification of the proposed seller, title or shipment. 9Delves does not guarantee supply, price, financing, export approval or transaction completion.

International logistics

Physical gold logistics require secure custody planning, insured transport, customs and export documentation, chain-of-custody records and receiving/refinery controls. Parties should define the Incoterms® 2020 rule and named place, inspection and claims process, and obtain jurisdiction-specific legal and customs advice.

Trade finance compatibility

Documentary credits and other payment arrangements are bank- and transaction-specific. When a credit incorporates UCP 600, banks assess stipulated documents rather than independently validating metal, title or provenance. Responsible-sourcing, sanctions, AML and beneficial-ownership controls remain separate requirements; no bank instrument is implied.

Our due diligence process

9Delves begins with a precise mandate and counterparty map. We verify corporate identity, authority, beneficial ownership, operating claims, documentation, and relevant shipment history. Product specifications and inspection requirements are defined before commercial discussions advance. We then align logistics, compliance, payment terms, and responsibilities so that each party understands the next decision. Findings are recorded clearly; unresolved questions remain visible rather than being treated as assumptions.

Our role is advisory and coordinative. We do not represent unverified supply, guarantee a transaction, or replace legal, sanctions, tax, or technical advisers. We help principals make better-informed decisions and maintain a professional process across borders.

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