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6 results for “ore grade decline” in Markets
Markets · 18 August 2026
The Vault Beneath the City
…rters who never touch the metal with bare hands. This is how sovereign gold is actually stored, audited and, occasionally, brought home. · The Bank of England holds roughly 400,000 bars for around 100 account holders, most of them foreign central banks, in vaults beneath Threadne…
Ingrid Sørensen · 21 min read
Markets · 2 August 2026
Who Actually Sets the Gold Price
…ld forward rate are a quiet early-warning system for physical tightness, visible weeks before it shows up in the headline price. · Is there one official gold price? No. The number quoted in the press is usually the spot price for unallocated gold held in London vaults, expressed…
Ingrid Sørensen · 22 min read
Markets · 20 June 2026
Bring It Home: Central Banks and the Great Gold Repatriation
For half a century it was rational to store your gold in someone else's basement. Then the calculus of counterparty risk changed, and reserve managers started chartering aircraft. · Overseas custody was a Cold War convenience: gol…
Ingrid Sørensen · 13 min read
Markets · 8 August 2026
Moving Bullion: The Logistics Nobody Prices
…oken custody record; once it leaves the accredited chain it must usually be re-refined before it can re-enter at full value. · Physical gold moves mostly as belly cargo on scheduled passenger flights, which ties bullion logistics to airline capacity. · Bar formats differ between…
Ingrid Sørensen · 17 min read
Markets · 17 August 2026
Paper Gold: What You Own When You Do Not Own Bars
…d is a general claim on the bank for a quantity of metal; it earns and costs nothing to store because it is a liability of the bank, and in a default the holder is an unsecured creditor. · Can I take delivery of gold from a futures contract? If you hold a COMEX contract into the…
Ingrid Sørensen · 16 min read
Markets · 6 August 2026
Why Central Banks Started Buying Gold Again
…ability. · Central banks are price-insensitive, slow buyers; their flow sets a floor far more often than it sets a headline. · Reported reserve figures are lagging, partly voluntary, and occasionally revised years later. · Leasing gold for yield has fallen out of favour precisely…
Ingrid Sørensen · 17 min read
