With its headquarters located in the cosmopolitan Emirate of Dubai in the UAE, Kaloti Precious Metals is a global leader in integrated precious metals solutions. The company was established in 1988, and since then, there has been no looking back! Being in the industry for more than 25 years now and offering high quality and reliable precious metals products and services, the Kaloti brand name has got a distinction of its own. The company’s geographical footprint stretches from the Far East to the Americas, and it has a wonderful presence in Hong Kong, Singapore, Sharjah, Istanbul, Miami, Suriname and Peru.
Kaloti Precious Metals
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A Little History – How Kaloti Became A Global Leader
In the year 1988, the company started as a wholesale jewellery business and jewellery manufacturer. After a year, it began to buy scrap gold from the local market on a smaller scale. As time progressed, it then started bullion trading in Bars, in the year 2000. In 2004, the company got split and the Kaloti Jewellery International DMCC was established as the main headquarter of the Group. With the opening of many branches in the following years, Kaloti received the Dubai Good Delivery Status for its Kilo Bars, in 2010. In 2011, Kaloti opened Miami Affiliate Company, and in the same year, its bars got accepted at the Hong Kong Stock Exchange. What followed next in the year 2013 is the ground breaking of the new refinery in DMCC! Thus, needless to mention, Kaloti has come a long way since its inception in the year 1988, and with the matchless work that it is doing, it is certain that the company will continue to be the leader that it is in the global precious metals industry.
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Strengths – Know what is needed to be a global leader
Kaloti Metal Dubai is not only known for its high end integrated precious metals solutions, but the company has evolved as a global leader due to its outstanding capabilities in various aspects of precious metals industry. Some of the key points that marked the beginning of a remarkable era in the history of Kaloti’s existence are: Powerful Worldwide Presence Facility of immediate payment against gold delivery – Real-Time Payment Settlement Mines Funding Bullion Funding Scrap Gold Funding An extremely specialized global logistics network 24 x 7 Trading / Dealing Desks Round the clock Refinery Operations Several years of experience in transporting precious metals Assaying results delivery within 24 Hours Online network of international branches / subsidiaries which enabled global market access & transactions for the company
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Know Kaloti Better The company has emerged as a global leader in the precious metals industry due to a number of reasons. It not only offers highly reliable and high quality products to its customers spanning across the globe, but is also a renowned name when it comes to services like refining, assaying, smelting, etc. The company’s current annual production of refined gold is 300 tons and its future annual gold production at the upcoming refinery is estimated to be a remarkable 1400 tons. With its continuous efforts to deliver high quality solutions and products to its customers, the company has brilliantly upheld 20% – 30% annual growth rate over the past five years. It is great to note that in 2011, Kaloti’s physical Gold turnover accounted nearly 40% of Dubai’s total annual gold imports and about 25% of Dubai’s total annual gold trade. It is indeed a great achievement for this market leader in Dubai!
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As a matter of fact, in terms of production capacity, Kaloti holds the top rank amongst the leading 4 large scale refineries in the UAE. Thus, it would be right to assert that Kaloti has become a frontrunner in the global precious metals industry, and will continue to retain the position with its never ending quest to serve the industry with the best in class precious metals solutions and products!
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