India's deserved position at the heart of the

KGR Gems and Bullion is one of the largest NABL-certified gold refineries in India. We refine, cast and supply gold from our head office in Punalur, Kerala.

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KGR Refinery accepts the full range of high, medium and low grade inputs, including:

  • Mined doré bars
  • Bars and ingots
  • Coinage
  • Manufacturing scrap and products
  • Jewellery scrap

Our mission is to set new standards of excellence: customer value first, complete refining solutions for the precious metal industry, and the highest standards of quality, purity and transparency. And to put India in its deserved position at the heart of the international bullion markets.

A golden globe resting among stacks of gold coins

Game plan

Buy

Become the largest buyer of gold doré bars globally.

Sell

Become the largest seller of refined gold in domestic and international markets.

Save

Provide gold in its purest form, for everyone to save as a real asset.

We pair new development techniques and innovation with respect for our rich heritage, and we embrace new techniques in the bullion market.

A gold refinery complex at dusk with cooling towers and glowing lights

Our days of yore

We have been active in gold trading for 16 years, and the refinery has always been a very big dream of ours. Even after we started the company in 2019, the dream did not end. Now we are striving to become synonymous with the gold refinery. It took a lot of hard work and time to get here, and it is a huge step forward.

Over 70 highly skilled and dedicated employees make up KGR. We follow all environmental procedures strictly and look after our employees with liberal welfare schemes.

  1. 16 yearsActive in gold trading, with the refinery as a long-held dream
  2. 2019KGR Gems and Bullion Pvt. Ltd. is founded
  3. TodayOne of the largest NABL-certified gold refineries in India

What we do

Gold reaches us as doré bars, an alloy of gold and other metals carrying impurities. Our refining process removes them and returns gold in its purest form.

Gold bars and ingots recognised as at least 99.5% or 99.9% pure, in a variety of denominations and in .999 or 916 purity. We are the number one supplier of gold and other metals to jewellers in South India.

From bullion to jewellery, made with a blend of cutting-edge technology and master craftsmanship at our own refining and production facility in Punalur.

We collaborate with the world's top mining companies to collect gold and refine it, supplying local and international markets.

From doré to bullion

  1. 1Doré
  2. 2Refining
  3. 3Casting
  4. 4Bullion

Doré arrives

The gold we receive for purification is called a doré bar: an alloy of gold and other metals. It is extracted from mined ore and is not yet pure, so impurities have to be removed.

Refined in fire

The refining process removes those impurities. Our refinery accepts high, medium and low grade inputs, from mined doré to jewellery scrap, and turns them into gold in its purest form.

Cast into bullion

Refined gold is cast into bars and ingots. Bullion is gold officially recognised as at least 99.5% or 99.9% pure, and it comes in a variety of denominations.

Ready to hold

Finished bars leave in .999 or 916 purity. Bullion is the classic hedge in an inflationary economy: solid value that keeps pace with prices, and very liquid.

PurityAlloy

Worker handling unrefined doré bars in casting molds
A crucible pouring molten gold into a mold
Freshly cast gold bars in a mold
Gloved hands stacking finished gold bars
A golden crown set with red and green jewels

Reasons to count on us

Corporate integrity is a vital part of corporate success. We keep ethics and integrity across the organisation and work consistently to a set of values and moral principles. Our motto is that quality will make us stand out in a competitive market.

The first and foremost factor of a business is to be answerable to its shareholders, stakeholders and the owners who have invested money in it. We take that responsibility seriously.

Worldwide acknowledgment of better product quality and a wide range of high-quality standards are our prime areas of focus. Quality is the prime trademark value of gold, and we don't compromise on it at any cost.

We follow extraordinary practices in managing the organisation and delivering results. Excellence is both a goal in itself and the way to achieve that goal.

Mining the ore is just one stage in a long, complex process. Significant exploration and development must happen first, both to size the mineral deposit and to plan how to extract and process the ore efficiently, safely and responsibly. It can take 10 to 20 years after a deposit is discovered before a mine is ready to produce material that can be refined into bullion.

A golden wooden hand pointing upward

Facilities

We constantly keep up with the latest technologies in the market to maximise output of stock at competitive prices. Our manufacturing proficiency lies in a perfect blend of cutting-edge technology and master craftsmanship.

We have redefined our business with technological advancements, because we believe that staying technologically updated helps us serve the market better.

World-class refining and jewellery production facilityHead office, Punalur, Kollam District, Kerala
A dark umbrella sheltering a tall stack of gold coins

Support, trust & reliability

We plan to cater to the needs of discerning clients around the world and across the local market. Our professional team conducts detailed analysis and research before finalising a product portfolio that fits the client's corporate growth strategy, so that our market strategy stays in step with their goals.

Message from the Managing Director

We have been working very actively in the field of gold trading and mining for the last 16 years. A very big dream of mine and my team since then is now coming true. As Paulo Coelho said, when you want something, when you have a strong desire, all the universe conspires in helping you achieve it. So this dream was achieved by me and those around me.

The aim behind this initiative is to provide the best quality gold in the best possible way, and to provide gold in its purest form for everyone to save as a real asset.

But You, O LORD, are a shield around me, my glory, and the lifter of my head.
Psalm 3:3

The market we serve

Gold = asset + money

Gold doesn't just signify jewellery value. It has long been used as a medium of exchange, or money. It can be beautifully shaped and sculpted, it conducts electricity and it does not tarnish, which makes it the metal of choice for the industrial, medical and technology industries. Almost every established culture has used gold to symbolise power, beauty, purity and accomplishment.

A heap of raw gold nuggets

Silver bullion

Silver bullion is highly concentrated silver, typically defined as 99.9% pure. It comes as bars, coins or "rounds", and it derives its value solely from its metal content, with no artistic or collectible value. One troy ounce is the most popular size, but weights range from one gram to 10 kilograms.

A raw chunk of silver

India's gold imports

Tonnes per year. Imports rebounded in 2021 after the COVID-19 dip in 2020.

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201920202021

2021 imports were up 27.66% on 2019. India and China are the world's largest importers and consumers of gold.

Where 2021 imports came from

Top source countries, in tonnes.

Switzerland
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UAE
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South Africa
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Guinea
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Figures as published in the KGR company brochure.

KGR Golden Crown

Save monthly for 11 months, then own gold straight from the refinery

View the gold scheme

Send us an inquiry

Tell us what you want to refine, buy or supply, and our team will get back to you.

KGR Gems and Bullion Pvt. Ltd. Mathra, Punalur,
Kollam (Dist), Kerala – 691 333
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