AG Germany
Company Details
Company Introduction
AG is interested in buying gold in any shape or form, but would give preference to rough gold in theform of dore bars or bars for smelting. AG generally starts with a trial delivery of maximum. 50kg, butcan thereafter handle weekly supplies in any quantity up to 300kg. The precious metal has to be sentby air freight on CIP delivery terms to the airport Berlin, and is consigned to AG, c/o the refinery inquestion, which clears it through customs and arranges for security transport to the refinery.Business-trips are not done for these businesses. Upon completion of the smelting and refining process, an assay report is produced which is copied toseller and buyer, and is binding on both sides. AG buys the proven fine gold content on the basis ofyour nominated fix price for contracts up to 12 month and of the second London fixing per fine ounceon the first London working day after assay, less an agreed discount for long-term-contracts. Paymentis made by SWIFT wire transfer to sellers designated bank account, and is done at sight uponpresentation at the counters of the buyer's bank of the usual documents.
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