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GoldBod changes gold assay regime, makes XRF testing definitive from October 1

By GhanaSummary Newsroom1 min read
GoldBod changes gold assay regime, makes XRF testing definitive from October 1

Under the new regime, water-density testing will no longer serve as the definitive basis for determining gold purity, pricing or payment.

Instead, X-Ray Fluorescence (XRF) assay will become the definitive method for determining the purity of gold purchased by GoldBod and its licensed buyers.

This means results obtained through water-density testing will not, on their own, determine the final price or payment for gold.

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