Terms and Conditions
Commodity: AU metal in GLD
Size: 12.5 KG/bars
Quantity: 1,000/MT
Age of Hallmark: less than 5 years
Purity: 999.5 fineness or better
Price: Based on second fixing of LBMA on date of closing
Discount: 8% gross – 5% net
Commissions: 3% divided equally to Buyer and Seller paymasters
First Tranch: 50 MT/ with Rolls & Extensions
Payment Terms: Bullion officer to Bullion officer: Buyer profile- engage with seller's representative
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