Gold Business Secrets REVEALED | SS Alam | Sanjay Kathuria Podcast
In this episode of the Sanjay Kathuria Podcast, we feature SS Alam, a leading voice in India’s bullion and jewellery industry, to decode the real business behind gold imports, refining, and trading.
From understanding Dore gold, import rules, and refinery operations to learning how small traders can start a profitable gold business, this episode uncovers the entire value chain — from African mines to Indian markets.
Alam explains how India imports gold, the hedging process, refinery margins, and cash-based trading ecosystem. Whether you’re an aspiring trader, investor, or someone fascinated by the gold business, this conversation offers insider knowledge and real profit models rarely discussed publicly.
What You’ll Learn
- How India imports and refines its gold
- What is Dore Gold & how it’s processed
- How gold hedging & import rules work
- Margins, discounts & profit structure in bullion trade
- Small business opportunities in gold & coin-making
🎬 Timestamps
00:00 – Podcast Teaser
01:22 – Guest Intro – SS Alam
02:25 – How India Imports Its Gold
03:50 – What Is Dore Gold Explained
05:31 – How Refining Gold Works in India
06:48 – Legal Process of Importing Gold
08:45 – What Is Gold Hedging Strategy
09:47 – Import Rules by Country Explained
10:23 – Recognised Refineries in India
10:59 – Top Gold Refinery Companies
12:39 – Cash-Based Refining Network
13:23 – Made in India Gold Movement
14:29 – Why Africa Dominates Gold Supply
15:39 – Understanding Gold Premiums & Discounts
17:47 – Why Gold Business Runs 9 Months a Year
18:48 – Dubai as India’s Gold Hub
19:10 – Capital Needed to Start Refinery
20:25 – Time & Logistics in Refining Process
21:37 – Three Steps to Enter Gold Trade
23:26 – Partner or Franchise in Gold Business
24:33 – Why 70% Refineries Are Inactive
25:15 – Why It’s Not a 365-Day Business
26:13 – Who Buys Most Bullion in India
27:26 – Retailers, Wholesalers & Margin Game
28:14 – How to Start Small in Bullion Trade
29:09 – Gold Inventory Cycle Explained
30:53 – Typical Margins in Gold Trading
31:47 – Wholesale vs Retail Gold Rates
33:37 – How Banks Offer Gold Discounts
34:28 – 9% Margin Rule for Traders
35:26 – Small Coin-Making Business Idea
36:41 – Sell Gold Coins Online via E-Commerce
38:57 – Building a Strong Selling Network
39:16 – Two Rules for Success – Purity & Trust
40:41 – Career Options in Gold Industry
41:54 – Fast Gold Rotation in Dubai
43:25 – How Gold Mining Works in Africa
44:16 – Profit Margins in African Gold
45:26 – Which is Easier – Trading or Mining
46:49 – How Long It Takes to Master Trade
47:24 – Will Gold Ever Stop Growing
48:37 – Closing Thoughts
📲 Sanjay Kathuria Podcast Handles
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🧵 Hashtags
#SSAlam #GoldBusiness #GoldImport #BullionTrading #GoldRefinery #SKPodcast #SanjayKathuria #GoldInvestment #IndiaGoldTrade
🔍 SEO Tags
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