A gold refinery in India typically offers a range of services related to the refining and processing of gold.
Some of the common services provided by a gold refinery in India are:
Gold Refining: The primary service offered by a gold refinery is the refining of gold. Refineries use various methods such as the Miller process, Wohlwill process, or aqua regia process to purify gold and remove impurities like other metals or contaminants.
Assaying: Gold refineries conduct assaying, which involves the analysis and determination of the purity and quality of gold. They use specialized equipment and techniques to assess the percentage of gold content in a given sample. This is important for establishing the value and authenticity of gold.
Melting and Casting: Gold refineries have facilities for melting and casting gold into various forms such as bars, coins, or customized jewelry. They can melt gold scrap, old jewelry, or gold ingots to create new products according to customer requirements.
Gold Recovery: Refineries often offer gold recovery services to extract gold from various sources like electronic waste, old jewelry, dental scrap, or industrial byproducts. They use advanced processes to recover gold from these materials.
Metal Testing: Apart from gold, refineries may offer testing and assaying services for other precious metals like silver, platinum, and palladium. This allows individuals or businesses to determine the purity and value of these metals.
Certification and Hallmarking: Refineries may provide certification and hallmarking services for gold and other precious metals. This ensures that the metal meets the specified purity standards and carries the appropriate hallmark indicating its quality.
Metal Trading: Some gold refineries also engage in the buying and selling of precious metals. They may provide a platform for individuals or businesses to trade gold or other metals, facilitating transactions between buyers and sellers.
Consultation and Advisory Services: Gold refineries may offer consultation and advisory services to individuals or businesses seeking guidance on various aspects of gold refining, metal investment, or industry regulations.
It’s important to note that the specific services offered by a gold refinery can vary, so it’s recommended to check with individual refineries for their specific range of services.