Examples of Good Delivery in a sentence
Supplier's description of the Gold Ounce9: "The HELVETIA Gold Ounce is a classic 999.9 pure gold circular bar in Good Delivery quality.
Bullion means precious metal bars and coins (gold, silver, platinum and palladium) that are designated for trading through their sale or purchase in units of ounces, kilograms and/or ten tolas and are considered high quality precious metals, unless stated otherwise by the company, and comply to the minimum purity requirements of the Dubai Good Delivery (DGD) and London Good Delivery (LGD) standards.
In the refining industry, the LBMA Good Delivery List is now widely recognised as representing the de facto standard for the quality of gold and silver bars, in large part thanks to the stringent criteria that an applicant must satisfy before being listed.
It stands for the authenticity, the acceptance by the international banks and is therefore everywhere as liquid round gold bar in the Good Delivery Standard (LBMA) approved." The stated fine weight is 31.1035 g at a fineness of 999.9/1000.
Gold can also be refined at other international LBMA Good Delivery refineries of Gold-Ore Owner’s choice for an additional cost of $100.00/oz., not including additional secure shipping, insurance, and vaulting fees.