GOLD 0.51% $1,391.7 gold futures

global gold demand slumps , page-3

  1. 3,816 Posts.
    Hi Bruce

    Some of the investment gold is in the form of certificates with no physical backing, so its purchase and sale only has the potential to debit or credit the issuer, and will not affect the physical market.

    How much certificate gold has been issued and the paper loss or gain are the big unknowns.

    Billy
 
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