THE ULTIMATE GUIDE TO GOLD RESERVES OF CENTRAL BANKS

How Banks Lend and Market Bullion Each time a central bank lends gold to bullion banks for any specified period of time, say a few months, it receives the funds equivalent in the gold lent into the bullion bank. The central lender lends this revenue over the market at a lease amount called the Gold Forward Supplied Fees (GOFO), and that is publishe