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How Banks Lend and Sell Bullion Each time a central bank lends gold to bullion banks for a specified time period, say 3 months, it receives the money equivalent on the gold lent to the bullion bank. The central lender lends this cash around the market at a lease level called the Gold Forward Supplied Costs (GOFO), that is revealed day by day by the… Read More

The gold bar price will change depending upon the degree of gold from the bar. If your bar has a person ounce of gold, the price will ordinarily be a little a lot less per ounce in comparison to the gold price for presidency certain and minted gold bullion coins or other comparable gold bullion collectible goods.Even so, the spot price of gold is e… Read More

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