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Why the assay sample comes from the bar, not the scrap
Scrap can't be sampled fairly because no two pieces are alike. Melting it into one homogeneous bar first is what makes the assay, and the settlement, accurate.
What ISO 9001, 14001 and 45001 mean for a refinery
What the three management-system standards a refinery is certified to actually audit, why the scope line matters, and how to check a certificate is real.
Opening a refinery account: what each document is for
Why a refinery asks for a trade licence, beneficial-owner IDs, proof of address, financial standing and supply-chain forms before it takes a gram of metal.
How gold is priced: spot, the LBMA benchmark and your quote
Where the gold price comes from, what the twice-daily LBMA Gold Price is for, and how a refinery turns a live spot rate into the figure on your settlement.
How to read an assay certificate
What each line on a refinery assay certificate means, which figure settlement is based on, and how to check a certificate against the bar it describes.
How to prepare scrap gold for melting
A practical checklist for jewellers sending scrap, casting returns or bench sweeps to a refinery: sorting, weighing, labelling and what to expect back.
From intake to settlement: the first 24 hours of a refining lot
What happens to a lot of gold between arriving at our Dubai office and the assay result that settlement is based on, step by step and roughly hour by hour.
Bars or grain: choosing the form of your refined gold
Refined gold leaves Meridas as serial-numbered cast bars at 995 or 999.9, or as 999.9 grain. Which to ask for depends on what you are going to do with it next.
Why a gold trade in Dubai settles in dirhams, and what the peg means
Gold is quoted in US dollars per troy ounce but settled here in AED. Because the dirham is pegged to the dollar, the conversion adds no currency risk.
The paperwork that travels with a gold shipment to Dubai
What a foreign company packs with its metal: three signed originals of the invoice and packing list, a certificate of origin, and the exact invoice wording.
Introducing Meridas
Meridas is a precious metals refining and trading business operating from Dubai and Sharjah. Here is what we do and how we work.
Gold fineness explained: what 999.9 and 995 actually mean
A short guide to how gold fineness is measured, what 999.9 and 995 mean in practice, and why the figure matters more than the karat number.
OECD Step 5: why we publish our responsible sourcing reports
What Step 5 of the OECD Due Diligence Guidance requires, and why publishing an assurance report is a disclosure obligation, not a marketing choice.