FAQ

No. The London Metals Exchange is world’s most important market for non-precious metals. Copper, aluminum, nickel, lead, zinc, and tin are all traded there. Precious metals are traded in London only on the open market (OTC market for over-the-counter). In addition, up to twice a day, a group of banks in London publishes quasi-official Fixing prices for precious metals, but these Fixings are based on the open market.

Our precious metal prices are defined as follows:

The “unprocessed” price relates to precious metals in the form of bars and grains for industrial customers.

The “processed" price is used in relation to products containing precious metals. In processing or manufacturing products that contain precious metals, additional financial expenditures and processing losses occur.

The purchase price is used for purchase of precious metals. It is good both for purchases of fine metals for delivery and for the purchase of credits on precious metal accounts.

In any case, the prices for precious metals and products containing precious metals may be obtained from the seller in question and may vary according to product and the amount purchased.