Koos Jansen
BullionStar Blogs
Koos Jansen
Posted on 16 Oct 2013 by

GOFO Nosedive, 1, 2 And 3 Months Turn Negative

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.

Koos Jansen
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