Latest News

Gold Price



[Most Recent Quotes from www.kitco.com]


GENNEVA Pte Ltd - SELL-BACK OPTION

GENNEVA offers an exclusive Sell-Back Option (the “Sell-Back Option”) on all gold bullion purchased by our customers, subjected to prevailing terms and conditions.

Under GENNEVA’s Sell-Back Option, customers are entitled to sell-back the purchased gold bullion, at the original market price (“Original Market Price”), between 30th to 36th day (the “7 Days Buy-Back Period”) after the date of purchase. GENNEVA will honor the Sell-Back Option regardless of fluctuations in gold price.

The transaction procedure is illustrated in the example below:

Day 1: Purchase 100 grams of gold bullion at Market Price ($50/gram) with 2% discount*



Day 31-37: Customer exercises Sell-Back Option during the 7 Days Buy-Back Period



*Remarks : The 2% discounts in the above example is for illustration purpose only. Discounts on gold bullion purchases may vary at GENNEVA’s sole discretion.

Copyrighted © by 2009 GENNEVA Pte Ltd