CALCULATIONS Gold is priced on the world market by the Troy Ounce of 24carat gold
1 Kilogram = 32.15 Troy Ounces
1 Kilogram of 22 carat gold = (32.15 x 22 / 24) = 29.47 Troy Ounces
EXAMPLE
If the price of gold at the time of sale is $330 per Troy Ounce
and your gold weighs 40Kg and is 22carat before refining, then
after refining you will have (29.47 x 40) = 1,178.8 ounces of pure gold
with a GROSS VALUE of (1,17.8 x $330) = $389,004From this value, the refinery will take it's charges and fees for assay
and refining, leaving a NET VALUE before costs and commission.Costs include: transport to refinery, assay, customs bond & clearance...
COMMISSION
The commission will be negotiated between owner (you) and agent (us)
and may be re-negotiated from time to time. The table below is a suggestion:
Refined Weight Commission First 3 Kg 10% Second 7 Kg 9% Next 10 Kg 8% Next 20 Kg 7% All after 40 Kg 6% On 20 Kg, the commission is (0.3 + 0.63 + 0.8) = 1.73 Kg (8.65%)
On 40 Kg, the commission is (0.3 + 0.63 + 0.8 + 1.4) = 3.13 Kg (7.825%)
On 50 Kg the commission is (3.13 + 0.6) = 3.73 Kg (7.46%)
On 100 Kg the commission is (3.13 + 3.0) = 6.13 Kg (6.13%)