Precious MetalsBullion – Gold and Silver. Arguably the two most important metals in the world.For Frost International, these two precious metals represent a distinctly important category to serve clients. India, being the largest consumer of gold worldwide, has a domestic consumer demand for gold 37.6% higher than that of China, and accounts for nearly a third of global demand for the precious metal. That represents a huge, unsurpassable opportunity for Frost to serve its clients. Initiating the bullion trade more recently in 2010, and using our presence in Switzerland, UAE and India, Frost imports gold and silver for trade with wholesalers and retailers in Ahmedabad and Kolkata. Frost is a registered partner of MMTC Ltd., State Trading Corporation (STC) of India, and Handicrafts and Handloom Export Corporation of India (HHEC), and has big plans for participating in the bullion trade in future, including exploration and expansion into other domestic and international markets.
|