Kinesis Audit: Bureau Veritas Independent Audit of Kinesis Gold & Silver Holdings
The Kinesis audit took place between October 21 and October 31, 2024:
The Allocated Bullion Exchange (ABX) released an inventory report on October 18, 2024, outlining all the physical gold and silver holdings held by Kinesis Cayman.
The report was sent to Inspectorate International (Bureau Veritas) for an independent audit of ABX’s global vaulting network, which took place between October 21 and October 31, 2024.
As of the creation of the inventory reports, the circulating quantities of Kinesis gold (KAU) and silver (KAG) were as follows:
- KAU balance: 1,398,882.813 (based on ledger number 34298013, Friday, October 18, 2024)
- KAG balance: 3,787,291.584 (based on ledger number 34327815, Friday, October 18, 2024)
The audit by Inspectorate International confirmed the quantities of metal held by Kinesis Cayman as of October 18, 2024:
- The total weight of gold, measured in 9999 fine equivalent, was 1,400,882.813 grams.
- The total silver holding, measured in 999 fine equivalent, was 3,792,284.055 troy ounces.
Inspectorate International concluded that Kinesis’ precious metal holdings were accurately reported and met all necessary inspection standards.
See Inspectorate International Audit Report – October 2024
