Sales and Purchases of Precious Metals
The Perth Mint Treasury Division is well placed to provide very competitive facilities for the purchase or sale of metal either:
- in unallocated form, represented by a gold credit in a metals account) or
- in physical form, where the client buys or sells physical metal in the form of doré or value added product).
The Perth Mint has an extensive global network of outlets for its products and is a frequent and competitive buyer of precious metals.
Location Swaps
A location swap is the provision of either a metal account credit or physical metal in one location in return for either a metal account debit or physical metal in another location.
For example; a producer with physical gold in Perth, Australia needs to deliver this gold into London where they may have a funding arrangement. Instead of physically transporting the gold, The Perth Mint will simply provide the producer with a London account metal credit in return for the physical metal in Perth plus a swap fee.
THE PERTH MINT - TREASURY DIVISION
310 Hay Street
East Perth, Western Australia 6004
Telephone: +618 9421 7276
Fax: +618 9221 7074
Email: treasury@perthmint.com.au
