Trade Lead Description: We are looking for similar transactions as below:
SPECIFICATIONS AURUM UTALIUM (AU) METAL
QUALITY GLD GOLD STANDARD
WEIGHT 1 TO 12.5 KG PER BAR
FINENESS 24 KARAT = 999.5/1.000 OR BETTER = (1Kg. = 32.1507425 Fine Troy Ounce)
HALLMARK INTERNATIONALLY ACCEPTABLE HALLMARK such as METALOR, DE GUSSA, JOHNSON & MATTHEY etc.
QUANTITY FROM TWELVE (12) METRIC TONS MINIMUM UP TO FOUR THOUSAND AND SIX HUNDRED METRIC TONS MAXIMUM TO BE DELIVERED AT A MONTHLY RATE OF 1/12 PER TRANCHE.-
PRICE BASED ON THE PREVAILING SECOND FIXING OF THE LONDON BULLION MARKET ASSOCIATION (LBMA) QUOTED PRICE PER TROY OUNCE ON THE DATE OF TRANSFER / ASSIGNMENT OF THE OWNERSHIP/TITLE, SHOULD THERE BE NO QUOTED PRICE, NEXT PRICING DAY SHALL PREVAIL.
LOCATION UBS SWITZERLAND
DISCOUNT EIGHT PERCENT (8%) GROSS / FIVE PERCENT (5%) NET TO BUYER.
PROFESSIONAL FEES ONE AND HALF PERCENT (1.5%) SELLER SIDE (CLOSED) ONE AND HALF PERCENT (1.5%) BUYER SIDE (OPEN) BOTH TO BE PAID BY BUYER.
CONTRACT TERM ONE (1) YEAR WITH RENEWALS & EXTENSIONS