Samsung Asset Management has launched the KODEX Gold Active ETF, offering investors access to international gold prices with lower fees and no "kimchi premium" risk, as demand for safe-haven assets rises amid Middle East tensions.
#YonhapInfomax
#SamsungAssetManagement #KODEXGoldActiveETF #GoldPrices #LBMA #ExpenseRatio
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67611

#UK 85% de la plata en las bóvedas de la Asociación del Mercado de Lingotes de #Londres (LBMA, en inglés), está vinculada a los ETF o contratos de "plata papel". No habría suficientes barras para respaldar todos los contratos. #Silver #ETF #LBMA

#EEUU El #BankOfAmerica sostiene que el "oro papel" ya no es tan importante. Los ETF (oro papel) con respaldo físico representan menos del 40% de las tenencias áureas del Mercado de Lingotes de Londres. #ETF #PaperGold #LBMA #Vaults

"I’ve received some important information relating to what’s going on in Gold markets. Today, some banks failed to deliver physical in the comex bar EFP. As a result, these banks suffered large losses which will soon be announced. They’ve also decided to exit the comex market." - Roy Sebag (founder of #goldmoney)
#gold #comex #lbma #finance
https://twitter.com/roysebag/status/1242577788957339651

LBMA Removes JP Morgan’s Michael Nowak from the LBMA Board
https://www.bullionstar.com/blogs/ronan-manly/lbma-removes-jp-morgans-michael-nowak-from-the-lbma-board/
#finance #lbma #jpm #oof