Rawa Gold

Pure 24-karat raw melted gold bars traded between wholesale bullion dealers.

Detailed Definition

Rawa refers to refined, uncrafted 24-karat raw gold in biscuit or bar form traded in Sarafa Bazaars. It serves as the wholesale pricing benchmark before craftsmanship (making charges) and alloys are introduced for finished jewelry.

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Ready-cut rectangular gold bars or medallions traded at retail bullion shops.

Sarafa Bazaar

The traditional central jewelry and precious metals trading exchange in South Asian cities.