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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Gold borrowing cost hits post-Lehman high

Posted on 10 July 2013

The cost of borrowing gold has risen to the highest since the post-Lehman Brothers scramble for supplies, as the bullion market adjusts to a new era in which western investor demand is less dominant.
The niche gold lending market, largely the preserve of a few big banks and central banks, has been uneventful in recent years as investors have built up large holdings and lent them out on the market, keeping rates depressed………………………………………..Full Article: Source


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