Dubai-based Kaloti Brand of Gold Bars Accepted on Hong Kong Mercantile Exchange

Dubai-based Kaloti Brand of Gold Bars Accepted on Hong Kong Mercantile Exchange PR Newswire DUBAI, UAE, November 11, 2012 DUBAI, UAE, November 11, 2012 /PRNewswire/ -- Accepted as Good Delivery Brand for Gold at HKMEX Dubai Good Delivery refinery since 2010 Demonstrates robustness and relevance of DGD accreditation in global markets Kaloti Jewellery International DMCC ('Kaloti'), a leading global corporation accredited by Dubai Multi Commodities Centre's ('DMCC') Dubai Good Delivery ('DGD') Standard announced today that it has been accepted on the Hong Kong Mercantile Exchange (HKMEX) for good delivery of its gold bars. As the only globally accepted and relevant standard for 1kg gold bars with a minimum of 995 fineness, the DMCC's DGD Standard has paved the way for Kaloti to enter Far Eastern markets such as China, Hong Kong and Japan. Dubai Good Delivery In June 2012, DMCC made it a mandatory requirement for Dubai Good Delivery ('DGD') refineries to implement all of the provisions of the DMCC Practical Guidance for Responsible Sourcing of Precious Metals in order for DGD members to continue their membership from June 2013. The Guidance also enables other global industry participants to perform the necessary risk assessments to ensure conflict free gold supply chains.