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****0Kgs of Gold Dore Per day

  • South Africa South Africa  
  • Quantity Required: 25 Kilogram
  • Last Updated:
    Posted on: 02 Oct 2024

  • Buying Frequency: Daily
  • FOB Unit Price (USD): 21000 Kilogram
  • Payment Terms: T/T
  • Shipping Terms: To buyer's designated bank in Ghana
  • Destination Port: FOB Ghana
Buyer Information

RFQ Details

I have a cash and carry buyer who would like to buy 25Kgs daily (business weekdays) at $21000 per kilo, for a period of 12 months and if things run smoothly in the beginning, will look to increase the quantity to 50kgs daily.

The seller has been doing business in Ghana for the past 10 years, buying gold. He also has a good relationship with the Banks and as such, they allow him to use a secure room in the bank for his gold transactions as he prefers not to go to seller locations, or security company vaults.

The buyer will only work on the following procedure:

1. Seller will meet the buyer at the buyer’s hotel.

2. Seller will show the buyer a sample of the gold.

3. Buyer and Seller agree for a window period in which the transaction will take place.

4. Seller will arrange for transport of the gold to the buyer’s elected bank.

5. In a secure room, the Buyer tests Gold using buyer testing machine.

6. If tests are positive, buyer makes electronic wire transfer of funds to the Seller bank account in Ghana.

7. Once Seller confirms payment, Seller releases the 25kgs of gold to buyer.

8. Seller changes the ownership of the purchased gold to the buyer once the payment is paid and confirmed.



Each delivery shall be identified with all assigned contract reference codes and numbers. Seller must provide the following documents to the Buyer after the confirmation of payment by the buyer to the seller for the assayed gold:



a) Three originals of Commercial Invoices in favor of the Buyer

b) Certificate of Origin

c) Certificate of Ownership

d) Declaration that the gold is free and clear and of non-criminal origin, unencumbered and free of any liens, and is transferable and exportable



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