Licensed Gold Exporters · Kololo, Kampala, Uganda +256 700 315 881  •  trade@riftvalleyminerals.com

Pricing

Transparent pricing referenced to the LBMA AM/PM fix — the only legitimate benchmark for institutional gold pricing.

How We Price

All Rift Valley Minerals pricing references the London Bullion Market Association (LBMA) Gold Price, published twice daily. This is the same benchmark used by central banks, commercial banks, and every LBMA-accredited refiner worldwide.

Our commercial offer to a qualified buyer is expressed as a discount to the applicable LBMA fix, structured as:

Final Price = LBMA Fix × Fineness − Discount
Where the discount reflects product grade (dore vs. refined), volume, delivery terms, and payment mechanism.

We do not publish "street prices" or aggressive discounts designed to attract unverified buyers. Pricing is disclosed only after mutual KYC and an NCNDA are in place.

Why We Do Not Show Per-Kg Prices Publicly

  • Gold prices move minute by minute — any static price page is already wrong.
  • Institutional buyers negotiate pricing through formal offers, not website quotes.
  • Eye-catching "below-spot" advertised pricing is the single most common hallmark of gold fraud in the African market. We refuse to use that playbook.

LBMA Reference (Indicative)

USD $ / oz

Indicative reference only. Not a commercial offer.

  • Fix source: LBMA AM / PM Gold Price
  • Currency: USD per troy ounce
  • Weight conversion: 1 kg = 32.1507 oz
  • Authoritative data: lbma.org.uk

Always verify the current LBMA fix directly from LBMA before committing to any transaction.

Indicative Discount Structure

Typical Commercial Terms

The discount structure below is indicative. Actual terms are set in the commercial offer following KYC and are a function of market conditions, volume, and settlement.

Product Reference Indicative Discount Settlement
Dore (85–92%) LBMA PM × purity 3 – 6% Post-refining settlement (industry norm)
Refined bar 99.5%+ LBMA PM × purity 2 – 4% SWIFT or LC against documents
Refined bar 99.9% LBMA PM × purity 1.5 – 3% SWIFT or LC against documents
Kilobar 999.9 LBMA PM 1 – 2% SWIFT or LC against documents
If a supplier offers you gold at a double-digit percentage discount to LBMA with no inspection and no KYC, it is a fraud. Legitimate discounts to spot exist — but they are modest, documented, and reflect real refining and logistics costs.
What Drives Your Final Price

Pricing Inputs

Purity

Assay-verified fineness determines the pay-for-gold content of the consignment.

kg

Volume

Larger consignments carry lower per-ounce logistics and insurance cost, which translates to a narrower discount.

Delivery Terms

FCA Entebbe, CIF buyer-vault, or DDP at buyer-nominated refinery all carry different costs.

$

Settlement Mechanism

Wire against documents is faster; confirmed LC is more costly but preferred for first-time transactions.

Delivery Timeline

Spot delivery vs. scheduled forward delivery carries different working-capital implications.

Market Volatility

Prices move continuously. Offers are valid only until the specified LBMA fix window.

Request a Formal Offer

After onboarding KYC is complete, we will issue a formal commercial offer with specific pricing referenced to the applicable LBMA fix.

Request a Quote