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If you are interested in investing in precious metals, there are several different companies around the globe that will help you navigate this process. One of the companies that we found is Kaloti Precious Metals, which is a company that focuses on selling and trading with wholesale, large commercial, and institutional customers.
We decided to write a review on the company to help those looking to make a precious metals purchase in the near future. Some of the factors that we will be looking at are ratings, reviews, complaints, pros, cons, services, and products.
By the end of this review, we believe you will have all the information needed to help you decide if Kaloti Precious Metals is right for you.
Kaloti Precious Metals was founded in 1988 by Munir Al Kaloti. Mr. Kaloti had a deep passion for gold and silver coins, which led to his decision to open a silver and gold funding establishment. Before the opening date, he decided to give it the name Kaloti in honor of himself. By giving it the name Kaloti, he knew it would carry on his reputation as he was the true foundation of this gold and silver retail empire.
It started as a small shop and has since become one of the largest precious metals companies in the United Arab Emirates. While the headquarters are in Dubai, Kaloti Precious Metals takes pride in attracting both local and international clients around the globe.
Currently, the company has nine offices in six different countries and employs over 50 people. Some of its locations can be found in Turkey, Singapore, China, Peru, the United States, and more.
Kaloti Precious Metals does not offer its customers national bullion coins or competitor bullion bars, but it does produce a wide range of its own bullion bars and has an impressive Bullion Directory rating of A+. Both of these factors are examples of the company's dedication to purity when it comes to the gold trade industry.
The company's mission is to provide precious metals for local and international customers. Its operation focuses on international trading and logistics services for customers in North and South America.
We understand the importance of researching and learning as much as possible about the company from which you are considering making a precious metals purchase. Therefore, we looked up several trusted websites to find any potential reviews and information about Kaloti Metals.
There were no reviews or ratings on Kaloti Precious Metals on the Better Business Bureau or Business Consumer Alliance's websites.
There was one review and rating found on Trustpilot. Both were given a few years ago and appeared to be pleasant.
Its current rating on Trustpilot is 3.7, which is considered average.
We checked other websites for information from customers, but we did not have any success.
When conducting research on a precious metals company, it is important that you find out what others are saying and if any complaints have been made about the company.
From our research, we have found that there are not many reviews about Kaloti Precious Metals. Trustpilot seems to be the only website providing a review about the company.
While it is a bummer that we found few reviews regarding the company, we did find several articles about the company being involved in money laundering and the seizure of illegal gold.
In addition, there have been lawsuits filed against Kaloti stating that it imported illegal gold and participated in money laundering.
We want you to be informed of everything there is to know when it comes to the operations of Kaloti Precious Metals. Therefore, we will list the pros and cons that we have discovered about this company.
If you are planning on investing in gold or other precious metals, it is very important that you are aware of this information to make a sound decision.
The following are the pros and cons:
Pros
Cons
We believe it is valuable to know about the services offered by the precious metals company that you are considering investing with.
Even though there are several negative articles about the company, it remains standing, operating, and providing services to those interested in getting involved in the gold and precious metals industry.
The following are some of the services provided by this establishment:
A primary downfall of this establishment is that it does not offer bullion coins and bullion bars that are not its own to customers. However, its own coins and bars are said to be of good quality at reasonable prices.
The following are some of the top products provided by this gold trading organization:
Kaloti Precious Metals is best for large companies looking to place wholesale orders from a gold trading establishment that sells gold and silver coins, minted bars, and bullion.
We do not recommend Kaloti Metals because we believe there are too many negative articles and only a single positive review. While we do know that this company works for a lot of businesses, we believe that there are much better options around the world from which to purchase your silver and gold metals.
The information provided in this website is intended solely for educational purposes and general informational use. It is not intended as, nor should it be considered, financial or investment advice. Investing in gold or any other financial asset carries inherent risks, and decisions regarding investments should not be made solely based on the information presented here.
We strongly recommend that you consult with a licensed and qualified financial advisor or investment professional before making any investment decisions. They can provide you with personalized guidance and take into account your individual financial situation and goals.
We do not assume any responsibility for the accuracy, completeness, or suitability of the information provided on this website for your specific circumstances. Any reliance you place on such information is strictly at your own risk.
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