Societe Generale to buy $100 mln gold from GV Gold - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Societe Generale to buy $100 mln gold from GV Gold

ЗолотоIRKUTSK, Dec 6 (PRIME) -- Societe Generale has issued a U.S. $100 million prepayment to Russian gold producer GV Gold for gold supplies, the company said in a statement on Thursday.

Under the deal, GV Gold receives the full sum, and will supply about 3,000 ounces, or 93.3 kilograms of gold per month in the next three years.

Payment for the gold is done at LBMA morning fixing as of the date of supply. No hedging of the price is encompassed, the company said.


06.12.2018 16:45
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 75.3890 -0.0026 15 dec
USD 66.4337 +0.1787 15 dec
Stock Market Indices
1D 1W 1M 1Y
rtsi 1116.50 -1.14 18:50 14 dec
micex 2365.69 -0.54 18:50 14 dec
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 155.40 -0.70 18:49 14 dec
lkoh 5100.00 -0.61 18:49 14 dec
rosn 418.00 +0.54 18:49 14 dec
sber 184.93 -2.24 18:49 14 dec
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 74.9875 -0.6000 14:59 14 dec
USDTD 66.7000 +0.4350 17:44 14 dec