Why Physical Gold Delivery on the COMEX in New York is Elevated
www.thegoldobserver.com
Three elements cause physical delivery on the COMEX to have reached record highs this year: strong demand for futures in New York, a persisting spread between the price of futures in New York versus spot gold in London, and arbitrage.
Why Physical Gold Delivery on the COMEX in New York is Elevated
Why Physical Gold Delivery on the COMEX in…
Why Physical Gold Delivery on the COMEX in New York is Elevated
Three elements cause physical delivery on the COMEX to have reached record highs this year: strong demand for futures in New York, a persisting spread between the price of futures in New York versus spot gold in London, and arbitrage.