Besides the various commodities trading services providing by ANCO Resources Group, ANCO Resources (Hong Kong) Limited is committed to the development of the Physical Precious Metals trading business; We can (i) provide a variety of Physical Precious Metals for our valuable Customers; and (ii) purchase the gold products with different levels of purity from our valuable Customers in Hong Kong.
Purchase Physical Gold Products
The Company can base on the following arrangement and specification to purchase the physical gold products from our valuable Customers directly in Hong Kong:
Physical Gold Products.
Purity of Purchase Products:
Minimum 92% or better.
Type of Purchase Products:
No restriction on shape and size.
Quantity of Purchase Products:
No limit on quantity but the volume of each transaction shall be further agreed and arranged with the Customer.
Assaying of Purchase Products:
All purchase products should be delivered to the LBMA accredited refinery in Hong Kong (”Refinery”) for 100% assaying and melting.
Payment for Purchase Products:
100% payment for purchase products shall be settled after 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) Loco London Gold Spot Price; and (iv) Agreed Discount to calculate.