Common Gold Queries
Frequently Asked Questions
Buyers often ask how the gold has been tested or verified.Is there an assay report? Has it been tested for purity?
Gold purity is usually measured in karats or percentage.
Examples:
24K (99.9% pure)
22K (91.6% pure)
Buyers want to know the exact purity level before agreeing on a price.
Gold can be sold in different forms such as:
- Gold bars
- Gold nuggets
- Gold dust
- Doré bars (semi-pure gold from mines)
Buyers ask:
How many kilograms or grams are available?
Is it a one-time sale or continuous supply?
The price is normally based on the international gold market price such as the rate set by London Bullion Market Association (LBMA).
Buyers often ask:
What is the discount from LBMA price?
Serious investors sometimes request a site visit to confirm operations.
Serious buyers require proof that the gold is legally sourced.
They may ask for:
- Mining license
- Export permit
- Company registration
Buyers want to know:
Is the gold already in a refinery, bank, or secure vault?
Is it still at the mine site?
Most buyers want the gold tested at an independent refinery or laboratory before completing payment.
Buyers may ask:
Who handles transport and insurance?
Is delivery FOB, CIF, or EXW?
International buyers often want to know about:
Export taxes
Government royalties
Common payment questions include:
Do you accept bank transfer, LC (Letter of Credit), or cash?
Is payment done after assay?
How ugandabullion.com Ensures Your Safety
We provide complete protection for international buyers through:
🔒 Full document verification before shipping
📄 Pre-shipment documentation review (by buyer or buyer’s lawyer)
🚚 Secured shipping via Brinks, Emirates Cargo, or DHL
💬 Transparent communication via email, WhatsApp, and video calls
We only ship from licensed refiners and registered miners — especially in gold-rich areas like Mubende, Karamoja, and Busia.
What Makes a Ugandan Gold Export Legal?
To be considered legal, a gold export must have the following as required the government Laws:
✔️ Valid Gold Export License issued by DGSM
✔️ Certificate of Origin from Ministry of Trade
✔️ Assay report from SGS, UNBS or Intertek
✔️ Commercial Invoice + Airway Bill for courier