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You can earn more money for your gold if you sell directly to a refinery and avoid the intermediary. Most people cannot sell gold directly to a refinery because of the anti-money laundering (AML/KYC) requirements, which oblige refineries to utilize intermediaries for these transactions, adding another layer of complexity.

Smelting gold involves heating gold ore or scrap at high temperatures to extract pure gold. Fluxes like borax are added to remove impurities, which form slag and separate from the molten gold. The pure gold is then poured into moulds to cool and solidify.

Fire assay is renowned for its accuracy and reliability. It can detect gold content as low as 0.01 grams per tonne, making it one of the most sensitive methods available. Its robustness and ability to handle various sample types contribute to its widespread use in the mining and precious metals industries.