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Robert Lambourne

Robert Lambourne Articles

As Gold Fell 6% In February, BIS Gold Swaps Hit Record Highs
By Robert Lambourne - March 12, 2021
The recently reported February statement of account of the Bank for International Settlements discloses that the bank's use of gold swaps increased to about 552 tonnes, which appears to be a record high, slightly ahead of the estimate of...
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BIS Gold Swaps Fall Slightly In January…But Remain High
By Robert Lambourne - February 10, 2021
The recently reported January statement of account of the Bank for International Settlements 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...
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The world’s gold supply increases by 2,600 tons per year versus the U.S. steel production of 11,000 tons per hour.

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