Kaloti Precious Metals

Kaloti Precious Metals is a global leader in integrated precious metals solutions. With over 25 years in the business, the Kaloti brand name is now synonymous with quality and purity.

We offer comprehensive solutions across the entire value chain. This includes specializing in everything from bullion, mined and scrap gold funding, assaying, refining, recovery of precious metals, right through to the finished products – whether beautiful commercial bullion, minted bars and coins, or handcrafted pieces of jewellery. We also offer a trading and brokerage function, as well as logistics services.

Headquartered in the cosmopolitan Emirate of Dubai in the UAE, our geographical footprint stretches from the Far East to the Americas. In addition to Dubai, we have a presence in Hong Kong, Singapore, Sharjah, Istanbul, Miami, Suriname and Peru.

At Kaloti we uphold the highest standards of integrity, excellence and compliance.We are a member of the world’s leading commodity exchanges, including NYMEX & DGCX.

In 2013, we led the transparency drive in Dubai’s gold market by opening up our refinery and trading businesses to a rigorous external mandatory & voluntarily audits.

We stand committed to our expansion plans, market leadership position, and our business excellence goals, which we will achieve by continuing to provide unparalleled customer service and the highest quality standards throughout all aspects of our operations.

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Established in 1988 as a small shop in Dubai, Kaloti Precious Metals has grown to become one of the world’s largest, privately owned, gold and precious metals refiners and trading houses.

We have strategically based our operations in Dubai being a global gateway to the East and West and registered our operations under the Dubai Multi Commodities Center (DMCC) Free Zone, which enabled us to become international market leaders in providing comprehensive solutions for the physical precious metals industry. We have secured a strong reputation for our high quality services and products including assaying, refining, and casting as well as minting gold, silver and platinum bars.

As a company, we consistently try to outperform ourselves through a stringent focus on customer service, quality and responsible sourcing, which define every aspect of our operation. As a family-run company, we place relationship building at the core of ensuring long-term sustainability as we value our customers and partners across the globe and treat them as our partners.

We are a dynamic organisation that believes in change and recognises the importance of innovation. We look into the future with an eye on further expanding and institutionalising the business, improving our product offering, and continuing to seek international standards and accreditations from the world’s most recognised associations...

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Our Mission

Our mission is to set a standard of excellence in providing complete solutions for gold and precious metal services and foreign exchange that others cannot provide to meet customers’ needs regionally and globally.

Our Vision

Our vision is to continue achieving sustainable quality growth to become a world leader in precious metal industry.

Our Values

The building blocks of our business are:

  • Sustainability: We build sustainable business ventures and believe in continual business.
  • Growth: We endeavor to engage in continued growth in terms of business as well as the organization. We aim for market leadership regionally and globally.
  • Quality: We endeavor to provide unparalleled quality to clients both in terms of our products and services and to achieve high standards of customer satisfaction and repeat business / customer retention.
  • Integrity: We take pride in our honesty, reliability, and ethical business practices.
  • Innovation: We believe in continual improvement and mobilize our resources accordingly.
  • Community: We are aware of our surroundings – We contribute to the community, society, and work force in general through our business ventures with a specific focus on preservation of environmental factors.
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In 1988 it started as a wholesale jewellery business and jewellery manufacturers.

In 1989 started to buy scrap gold from the local market on a smaller scale.

in 2000 started bullion trading in Bars.

The Kaloti Glod Factory has increased its gold refining capacity progressively since 2000.

In 2004 split the company and established the Kaloti Jewellery International DMCC as the main headquarter of the Group.

In 2005 started production of customized kilo bar in partnership with Valcambi SA (Switzerland). They record the official Kaloti stamp together with the certification mark of Valcambi. 

In 2006 started to produce our own Kilo Bars.

In 2007 opened Hong Kong Branch

In 2009 opened Turkey Branch

In 2010 opened Singapore Branch

In 2010 received Dubai Good Delivery Status for our Kilo Bars.

In 2011 Opened Miami affiliate company

In 2011 Member of Honk Kong Jewellery Manufacturers' Association

In 2013 the ground breaking of the new refinery in DMCC

 

 

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  • Our current annual production of refined gold is 300 tons
  • Our future annual gold production at new refinery will be 1400 tons
  • In 2011, Kaloti’s physical Gold turnover represented approximately 40% of Dubai’s total annual gold imports and approximately 25% of Dubai’s total annual gold trade
  • In terms of production capacity, Kaloti is ranked first amongst the top 4 large scale refineries in UAE
  • We have maintained 20% – 30% annual growth rate over the past five years
  • Kaloti as a multibillion dollars annual turnover
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Our journey to market leadership has enabled us to develop unparalleled capabilities in all aspects of precious metals industry including:

 

  • Our Worldwide Presence
  • Mines Funding
  • Bullion Funding
  • Scrap Gold Funding
  • 24 x 7 Trading / Dealing Desks
  • 24 x 7 Refinery Operations
  • Ability to Deliver Assaying Results within 24 Hours
  • Immediate Payment Against Gold Delivery – Real-time payment settlement
  • Global Reach with presence in Hong Kong, Singapore, Istanbul, Miami, Peru, Paramaribo (Suriname); in addition to the entire Middle East. 
  • Online Network of International Branches / Subsidiaries enabling global market access & transactions
Decades of experience in transporting precious metals & a specialized global logistics network 
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Ø  Licensed and Regulated by the Dubai Multi Commodity Center Authority

Ø  Member of Dubai Gold and Jewellery Group

Ø  Member of CME Group, and IPMI

Ø  Member of Honk Kong Jewellery Manufacturers' Association

Ø  We have seats on DGCX, COMEX (Division of NYMEX), and IGE

Ø  Our trading / dealing systems are ISO 9004 certified

Ø  Our Refinery is currently ISO 14001 certified for Superior Quality – also ISO 9001 & OHSAS 18001

Ø  Our Gold and Silver Laboratory is ISO 17025:2005 certified and operate under Dubai Municipality Order 52

Ø  Our Head QuartersOperations are under ISO 9001 certification process

Ø  Distinguished Members of our Top Management Team serve on the Dubai Gold Advisory Group

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