03 Sep
|
Agnis Bullion House
|
India
03 Sep
Agnis Bullion House
India
JOB PURPOSE
The Senior Gold & Silver Trader will be responsible for managing and executing the company's gold and silver trading activities across domestic and international markets, with a solid focus on market intelligence, physical bullion procurement and sales, pricing, hedging, inventory management, risk management, and trading profitability.
The role requires an experienced skilled with a deep understanding of precious metals markets, international bullion prices, MCX, OTC/London market dynamics, USD/INR movements, import economics, premiums/discounts, refinery operations, and customer demand.
The position will play a critical role in optimizing the company's bullion inventory and trading book while ensuring that trading activities remain within approved risk limits and compliance requirements.
KEY RESPONSIBILITIES
A. Gold & Silver Trading
Execute gold and silver trades in accordance with approved trading strategies and limits.
Monitor domestic and international bullion markets on a real-time basis.
Track international spot prices, futures prices,
MCX Gold/Silver, LBMA prices, USD/INR and international market premiums.
Identify profitable trading opportunities based on market movements, spreads, premiums and discounts.
Execute purchase and sale transactions with approved suppliers, dealers, banks, bullion houses and institutional customers.
Negotiate purchase and sale prices, premiums, discounts and commercial terms.
Maintain appropriate trading positions based on approved risk parameters.
Optimize buying and selling timing to maximize trading margins.
Develop and maintain solid relationships with bullion suppliers, refineries, banks, institutional buyers and large customers.
PHYSICAL BULLION TRADING
The incumbent will be responsible for managing the complete commercial cycle of physical bullion transactions, including:
Gold dore procurement.
Refined gold procurement.
Gold bars and bullion trading.
Silver bullio
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