Understanding Gold Leases
Sometimes, when we see the gold prices, another number is shown under the name of Gold Lease. What does this expression means? Central Banks can’t sell gold openly in the gold market, right? There are … Continue reading
Tag Archives: Central Bank
The United States in the forefront of gold reserves
The United States leads the world’s top reserve of gold by more than 8 tons of gold which is more than 75% of the Reserve Bank to U.S. Federal Reserve also has the Federal Reserve nearly a third of gold reserves at central banks around the world. Germany comes in second place at 3 and a half tons of gold, by … Continue reading