Precious metals are considered to be rare and/or have a high economic value. The higher relative values of these metals are driven by various factors including their rarity, uses in industrial processes and use as an investment commodity.Toyota Tsusho Metals Limited trades spot and forward (lending/borrowing) in loco London for Gold, Silver and in loco Zurich for Platinum, Palladium.
Averaging (Asian swaps)
Averaging on precious metals is a product that fixes in advance the premium or the discount bought or sold forward basis the average of daily settlements within a given period.
Toyota Tsusho Metals Ltd can provide averaging:
For any averaging period and any valid payment date
On the four major precious metals: Gold, Silver, Platinum and Palladium
Based on LBMA/LPPM official fixings
In any major currencies, basis different FX fixings