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Sorry for this basic question, but I need to know the answer to this question for a business calculation:

What would an average cost be for refining 100KG of gold bullion be in the Middle East?

Also, what would an acceptable discount on LBMA price be, for the purchase of 100KG Gold bullion (99.95%) FOB SE Asia? Is 3% net to the buyer too small?

Thanks in advance for your help on this...

[QUOTE="BillyJones, post: 131176, member: 24347"] Sorry for this basic question, but I need to know the answer to this question for a business calculation: What would an average cost be for refining 100KG of gold bullion be in the Middle East? Also, what would an acceptable discount on LBMA price be, for the purchase of 100KG Gold bullion (99.95%) FOB SE Asia? Is 3% net to the buyer too small? Thanks in advance for your help on this... [/QUOTE]

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