Define the bullion and its provenance.
Fineness (995 / 999.9), bar weight and format, refinery, origin, chain of custody, assay venue, settlement procedure and title transfer all shape the transaction.
Gold market considerationsA practical tool for procurement teams and suppliers to prepare the key facts before discussing a physical commodity transaction.
Use this free template to produce a structured buyer requirement or supplier capability profile for copper, aluminium, gold bullion, steel or recycled metals. Complete what you know; flag the rest for confirmation.
This tool works entirely in your browser. Copy or download your brief; it is not automatically sent to Montague.
Choose your product to see which technical details are most useful.
Use these brief checklists before requesting or submitting a formal offer. They are prompts for discussion, not independent verification.
Fineness (995 / 999.9), bar weight and format, refinery, origin, chain of custody, assay venue, settlement procedure and title transfer all shape the transaction.
Gold market considerationsIdentify product form, grade, standard (such as EN / ASTM where applicable), size and tolerance, mill test certificate, tonnage, production lead time and named delivery point.
Steel market considerationsUnderstanding these distinctions helps avoid conversations that cannot progress into a workable transaction.
Agreed delivery rules define cost, risk and responsibility. Always specify the named location and edition, e.g. “Incoterms® 2020”.
Sampling, assay, certificates and independent inspection should be agreed for the specific product and delivery point.
An LOI can set out a buyer's interest and proposed terms, but is not automatically proof of funding or a binding purchase order.
LC, confirmed LC, SBLC and other structures are not interchangeable; issuing bank, conditions and beneficiary matter.
Supplier authority, origin documents, ownership history and sanctions considerations must be assessed on the facts.
Who represents whom, what is payable and when should be documented in the relevant commercial agreements.
Once your brief is prepared, share the key commercial information via our enquiry form.
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