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Gold Delivery

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Record request for phyical gold delivery on the COMEX

Die Hard Gold

COMEX is normally a “paper gold” market in which investors rarely convert their contracts to physical gold. But in February, requests for physical delivery of gold on the COMEX set a record, reaching 43.26 tons (1,391,000 ounces).  By comparison, previous records were around 10 tons. Have recent requests by Germany, Switzerland and Venezuela to return…

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