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Bank for International Settlements (BIS) Gold Swaps Rose Substantially in May
by Robert Lambourne, Gold Seek: Gold swaps undertaken by the Bank for International Settlements, the central bank of the world’s central banks, rose by a substantial 31 tonnes in May over the 78 tonnes reported in April, reaching 109 tonnes, an increase of 40%. The bank’s statement of account of May, from which the gold […]