Gold
1. Commodity: Au Metal (Gold Bullion) in Bar Form
2. Form: 12.5 Kilograms (Kg) Bars;
3. Quantity: 1,000Metric Tons, with possible rolls and extensions;
4. Hallmark: Internationally Acceptable Hallmark
5. Purity/Fineness: 999.5/1000 fineness or better
6. Price: 2nd Fixing London Bullion Market Association (LMBA) on the day of
transaction of Au Metal
7. Discount: Gross: 12% and Net: 9% to Buyer;
8. Consultancy Fees: Seller’s Side 1.5%; Buyer’s Side 1.5%
9. Currency: USD or EUR
10. Delivery: FOB HSBC/Brink’s Bonded Security House, Hong Kong
11. Minimum Lift/Tranche: 100 Metric Tons/week
12. Maximum Lift/Tranche: 200 Metric Tons/week
13. Lift Frequency: Daily or weekly or as mutually agreed by the Parties
14. Payment Method: Conditional Swift MT 103/23 (Bank-to-Bank).