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Koos Jansen

Koos Jansen

Koos Jansen is a precious metal analyst from the Netherlands. Koos
mainly provides unique insights about Chinese gold market.

GOFO Nosedive, 1, 2 , and 3 Months Turn Negative

  • Date 16 Oct 2013 19:04
  • Author Koos Jansen

This week premiums for spot gold in India surged to $100 an ounce. This could have resulted in a shortage of physical gold on the LBMA, where GOFO rates of 1, 2 and 3 months turned negative as of today.

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