BIS gold swaps fall slightly in January but remain high
By Robert Lambourne via GATA The recently reported January statement of account of the Bank for International Settlements — https://www.bis.org/banking/balsheet/statofacc200131.pdf — discloses that the bank’s use of gold swaps decreased by an estimated 22 tonnes to around 523 tonnes, which is still close to the record high reported at the end of December. Hence in a month that … Read more