Since 1984, Awni K. Kaloti has served as the owner and director of Kaloti International Corp, an international food distribution company that specializes in specialty meats. Outside of his professional work, Awni K. Kaloti enjoys golfing at different courses in the Miami and Orlando areas. He currently maintains a golf handicap of 19.
For more than a century, golf handicaps have been relied on to allow players of different skill levels to compete against one another. Handicaps require players to win by a certain amount of strokes to get a victory. For example, a golfer with a handicap of 5 has to beat a golfer with a handicap of 15 by at least 10 strokes to win.
Handicaps are determined by how many strokes over or under par a player finishes on a course. A golfer that finishes 10 strokes over par on a course has a handicap of 10. Golfers compare their net scores, which are determined by total strokes minus the handicap, when playing with a handicap system. It should be noted that when traveling to other courses, the course difficulty becomes a factor in determining the handicap.
Awni K. Kaloti is the owner and director of AgAu Solutions, a precious metals assaying and trading company in Miami. An accomplished entrepreneur, Awni K. Kaloti has also been at the helm of Kaloti Group International since 1984. AgAu specializes in gold, silver, and platinum, but works with all precious metals.
Detecting the quality and purity of gold is critical to the precious metal trade. To that end, there are several techniques to assess metal objects. Stone assaying is the most direct and common technique used in the course of normal business. Stone assaying involves dragging the metal across a finely grained stone. The streak of metal residue left on the stone can be used to estimate gold purity and gold content of the piece.
X-ray fluorescence is more complex and involves bombarding the metal with x-rays. The composition of the metal is determined by measuring the energy levels of the light emitted (fluorescence) from the metal as a result of x-ray exposure.
Last, a fire assay is used on large amounts of gold and involves melting the gold along with lead oxide. After it’s melted, the lead/gold amalgam is placed in a special container that absorbs the lead and leaves behind only gold. The quantity of the remaining gold is measured against the remaining sample to determine purity.