PRODUCT NAME AND DESCRIPTIONS:
COMMODITY : Gold Bullion (Aurum Utalium)
FORM` : 12.5 kilo bars of GLD Standard/System
FINENESS : 999.9% or better
HALLMAR : Internationally accepted hallmarks (Johnson Mathey Hallmarked)
AGE : Less than 5 years
ORIGIN : Mali, Burkina Faso, Angola, Guinea, Canada, North America, Australia.
LOCATIONS : Cyprus/UK/Switzerland, Hong-Kong, Germany, etc.
DELIVERY : Buyer’s designated place
QUANTITY : 48MT (Forty-eight metric tons) with rolls and extensions
FIRST TRANCHE : 4MT (Negotiable)
SUBSEQUENT TRANCHES: 2MT or to be agreed between Seller and Buyer.
DURATION : 12 MONTHS OR MORE
DISCOUNT : 12% gross/8.0% net discount
COMMISSION : 4.0% Commission, as stated below:
- 2.0% to Seller Side (CLOSED); 2.0% to Buyer’s Side:
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