GOFO Nosedive, 1, 2 And 3 Months Turn Negative
- 16 Oct 2013 19:04
- Koos Jansen
This week premiums for spot gold in India surged to $100 an ounce. This could have resulted in a shortage of physical gold on the LBMA, where GOFO rates of 1, 2 and 3 months turned negative as of today.
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