[Your Name or Company Name]
[Your Address]
[City, State, ZIP]
[Email Address]
[Phone Number]
[Date]
[Recipient Name]
[Recipient Title]
[Recipient Company Name]
[Recipient Address]
[City, State, ZIP]
Subject: Letter of Intent to Purchase Gold
Dear [Recipient Name],
This Letter of Intent (“LOI”) sets forth the terms and conditions under which [Your Company Name] intends to purchase gold from [Recipient Company Name]. The details of this transaction are outlined below:
- Quantity: [Specify quantity of gold, e.g., XXXX ounces or kilograms]
- Purity: [Specify gold purity, e.g., 99.99%]
- Price: [Specify agreed price or price formula]
- Delivery Terms: [Specify location, dates, and method of delivery]
- Payment Terms: [Specify payment method and timeline]
This LOI is intended to serve as a preliminary agreement and is subject to the execution of a definitive purchase agreement. Neither party shall be bound until such formal agreement is mutually agreed upon and signed.
We look forward to working with you to finalize this transaction. Please feel free to contact me with any questions or comments.
Sincerely,
[Your Name] [Your Title] [Your Company Name]