WGC publishes guidance paper!
Understanding the gold carry trade! Gold deposit rates, a guidance paper are just published by the World Gold Council (WGC) is the market development organisation for the gold industry. WGC say, ‘we provide insights into the international gold markets, helping people to understand the wealth preservation qualities of gold and its role in meeting the social and environmental needs of society. Here is the choicest part; related parts would be carried here time to time. It is hard to examine gold lease rates without first understanding the gold carry trade. The gold carry trade once played a significant role in the gold lending market and constituted a large part of the demand to borrow gold. However, as market conditions changed over the years, the risk of the trade increased while its profitability declined. This reduced demand for borrowed gold and may be one of the leading causes behind the decline in gold lease rates. Under the gold carry trade, a trader, typically a bullio