Sunday, December 15, 2024

Tag: In January BIS Gold Swaps Bounced Up Sharply From Zero

In January BIS Gold Swaps Bounced Up Sharply From Zero

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    by Robert Lambourne, Gold Seek:

    While the December statement of account of the Bank for International Settlements, the central bank of the central banks and their gold broker, showed its gold swap position had fallen to zero at the end of 2022, the bank has not gotten out of the gold swap business.

    The BIS’ January statement of account, published this week —

    https://www.bis.org/banking/balsheet/statofacc230131.pdf