Purchase Products

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Physical Gold Product

Purity of Purchase Products

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Minimum 92% or Better

Quantity of Purchase Products

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No limit on quantity but the volume of each transaction shall be further agreed and arranged with the Customer

Location for Receipt of Purchase Products

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For small quantities, the Customer can deliver their products to the Company’s office; for large quantities, the Customer should arrange their appointed security deliver agent to deliver the products to the Company’s designated LBMA accredited refinery in Hong Kong (“Refinery”).

Assaying of Purchase Products

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All purchase products should be delivered to the Refinery in Hong Kong for 100% assaying and melting

Payment Rules for Purchase Products

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100% payment for purchase products shall be settled upon the final "Assay Report" issued by the Refinery, while the amount of payment shall base on (i) Assayed Purity; (ii) Assayed Quantity (equal to 100% AU); (iii) Local London Gold Spot Price; and (iv) Agreed Discount to calculate
* The final arrangement for delivery of the Purchased Products shall be determined and confirmed by the Company after the documents of Origin and Titleship for the Purchase Products had been submitted by the Customer to the Company.