Everything you need to know.

What gold is currently available?

We are currently representing a 10 kilogram lot of export-ready investment-grade gold originating from Africa. The gold is available for immediate transaction to serious institutional buyers, bullion refineries, and family offices.

What is the price?

USD 5,000 below the international spot price per kilogram, fixed at the LBMA PM Fix on the agreed transaction date. At a spot price of USD 3,200/oz (approximately USD 102,900/kg), this represents a purchase price of approximately USD 97,900/kg, or USD 979,000 for the full 10kg lot.

Why is the gold available below spot?

The seller requires a transaction within a defined window and prefers a buyer who can close quickly without extended intermediary chains. The discount reflects the seller's liquidity need and the location of the gold relative to international delivery points — both well-documented drivers of below-spot pricing in African gold markets. The discount is genuine; the documentation supports it.

Where is the gold currently located?

Africa. The gold is export-ready, meaning all origin-country export obligations have been met or are being completed. The seller handles export taxes. The buyer handles import duties in the destination country.

Is repeat supply available?

Yes. The seller can supply on a rolling basis. Long-term supply relationships are preferred. If you are a refinery or dealer with ongoing requirements, this is worth discussing on the initial call.

What is the minimum transaction size?

10 kilograms for the current lot. Discuss ongoing requirements on first contact — we can structure larger volumes over time.

What documentation is available?

The full documentation package includes: (1) independent laboratory assay certificate confirming purity and net weight, issued by an accredited international body; (2) chain of custody documentation tracing the gold from source; (3) export licence / mineral export permit issued by the national mineral authority; (4) seller entity KYC — corporate registration, UBO declaration, bank reference, sanctions screening; (5) cargo insurance certificate.

Who conducted the assay?

The assay is conducted by an accredited independent laboratory — SGS, Bureau Veritas, Intertek, or equivalent. The assay certificate specifies the laboratory, the date, the methodology, the gross weight, and the fineness. It is dated within 90 days of the transaction.

When is documentation released?

Documentation is released to verified buyers after: (1) initial KYC on the buyer entity is completed, and (2) proof of funds in an amount sufficient for the transaction is received. We do not release documentation to brokers, intermediaries, or unverified counterparties.

Is the gold LBMA Good Delivery specification?

The gold is investment-grade, confirmed by independent assay. LBMA Good Delivery specification (995+ fine) requires assay at an LBMA-accredited refinery. Buyers intending to deliver directly into the LBMA system should confirm the specification requirements and, if needed, factor in the cost of re-refining at an LBMA-accredited facility. We can advise on this.

Is the export licence genuine?

Yes. Legitimate gold cannot leave its country of origin without a valid mineral export permit. The permit is issued by the relevant national mineral authority and is verifiable. Any buyer's counsel or compliance team may verify the permit with the issuing authority directly.

How do I verify the seller is legitimate?

Upon receipt of your POF, we provide the seller entity KYC package: corporate registration number, country of incorporation, UBO declaration, bank reference from a named correspondent bank, and the sanctions screening result. Your compliance team can run independent verification against these identifiers.

How is the gold spot price determined?

The international gold spot price is the current market price for one troy ounce of 99.9% fine gold, quoted continuously by the OTC interbank market. The LBMA administers the LBMA Gold Price auction twice daily — the PM Fix at 3:00 PM London time is the standard reference for large commercial transactions and is the fix we use.

On which date is the price fixed?

The price is fixed at the LBMA PM Fix on the agreed transaction date — typically the date on which settlement funds are deposited into escrow or the LC is confirmed. This protects both parties from price movements during the documentation and logistics window.

What settlement mechanisms are accepted?

Bank-to-bank escrow (buyer deposits funds with an agreed escrow agent; released upon confirmed delivery and assay match) or a documentary Letter of Credit (buyer's bank issues an LC in favour of seller, triggered by shipping and assay documents). Cash and cryptocurrency are not accepted.

Who handles import duties at the destination?

The buyer. Malaysia and Singapore impose no import duty on investment-grade gold (zero-rated). UAE, UK, and most GCC countries similarly exempt investment gold from VAT and import duty. The buyer's import agent can confirm the specific requirements for their jurisdiction.

Can the seller travel to complete the transaction?

Yes. Seller representatives are available to travel to the buyer's location — Kuala Lumpur, Singapore, Dubai, London, or elsewhere — for transaction completion if required. Travel costs are negotiated as part of the transaction.

How is the gold transported?

Physical gold must be moved by specialist precious metals carriers: Brinks, Malca-Amit, Loomis International, or Via Mat (now part of Amarchand). These carriers are bonded, insured for replacement value, and experienced in customs clearance across all major jurisdictions. We do not use general freight forwarders.

Is the shipment insured?

Yes. Cargo insurance for the full replacement value of the shipment is included in the documentation package. The insurance certificate names the carrier, the insured value, and the destination.

How long does delivery take?

Physical gold delivery across international borders, once export clearance is complete and the logistics carrier is booked, typically takes 5–10 business days depending on destination. The full transaction timeline — from agreement to delivery — is approximately 10 business days.

How do I start the process?

Contact us on WhatsApp: +60 19-873 8500. Introduce yourself, your entity, and your intention. We will respond within hours. Do not send long emails, NDAs, or LOIs before speaking — start with a direct WhatsApp message.

What do I need to provide?

Initially: your name, your entity name and country, and a brief description of your buying intention (quantity, timeline, intended use/destination). After initial verification: proof of funds in an amount sufficient for the transaction, and your entity's basic KYC documents.

Do you work with brokers and agents?

We work with direct buyers and, in limited cases, with agents who have a verified direct relationship with a named end-buyer. We do not engage with broker chains where the ultimate buyer is unknown. If you represent a buyer, the buyer must be named and KYC-able from the first conversation.

Is this offer available to retail buyers?

No. The minimum transaction is 10 kilograms (approximately USD 1 million at current spot). This offering is for institutional buyers, bullion dealers, refineries, family offices, and wealth management entities. We do not process retail inquiries.

What happens if I want more than 10kg?

Discuss on the initial call. Larger volumes are available through repeat transactions. The seller is interested in long-term supply relationships with serious counterparties.

How quickly can you close?

We can close within 10 business days of agreement, assuming the buyer's POF and KYC are in order. Delays are almost always on the buyer side, not the seller side. If you are ready to move, so are we.

What jurisdictions can you sell to?

We can transact with buyers in any jurisdiction that permits the import of physical gold and is not subject to comprehensive international sanctions. This includes Malaysia, Singapore, UAE, UK, Hong Kong, Switzerland, Thailand, Indonesia, Saudi Arabia, Qatar, Kuwait, and most other markets. We cannot transact with entities in OFAC-designated jurisdictions.

What is OnePiece?

OnePiece is an invitation-only auction house and trading platform for investment-grade physical gold and, in future phases, other portable stores of value. In Phase 1, we focus on facilitating direct transactions between gold sellers and institutional buyers globally, with particular focus on Southeast Asia, the Gulf, and Europe.

Are you a gold dealer?

We are not a principal buyer or dealer. We do not take positions in gold. We facilitate transactions between sellers and buyers, and we maintain standards of documentation and counterparty verification that are higher than those typical of the informal mandate market.

Are you regulated?

We operate as a facilitator and platform, not as a regulated financial institution, bank, or money-services business. We do not hold or transfer funds. Settlement takes place directly between buyer and seller through their respective banks. We recommend that all parties engage appropriate legal and compliance counsel for transactions of this size.