Product Description
COMMODITY: Gold Bars (AU Metal)
FORM: *2.5Kg each bar from meeting GLD
specification.
PURITY: Fineness **9.5 per 1,**0 minimum.
QUANTITY: Two Thousand (2,**0) Metric Tons with
Rolls and Extensions
INITIAL TRANCHE: Two Hundred (**0) Metric Tons
(Minimum of Proof of Funds Confirmation)
DELIVERY: FOB - Hong Kong to Buyer approved
refinery
HALLMARK: Internationally Recognized Hallmark
REFINERY AGE: Assayed Certificate less than Five
(5) Years.
INSPECTION LOCATION: Private Security Insurance
Warehouse, Hong Kong at TTM.
CURRENCY: USD (United States Dollars) / EUR
(European Union)
PAYMENT: Ledger-to-ledger/Bank-to-Bank at HSBC
Hong Kong Headquarters
SELLING PRICE: The agreed price is the quoted
price in USD/EUR on the Day of Transaction
as set by the London Gold Market Fixing Limited Second Fixing (pm)
for
Gold Bullion (Au), and displayed by the LBMA. In the event that the
LBMA
is not operating on that scheduled day, the price calculation used
shall be
based on the second LBMA fixing of the next market opening day.
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