This lease rollover is to support the growth of its gold jewelry line, Auvere. The rate for this lease has already been set in a previous auction at 2.0% annual.
L’Orfebre – Gold Lease
L’Orfebre, a European refinery, is leasing gold to increase its access to raw materials and expand production capacity. The initial lease tranche was raised off-market in October, and the interest rate is not yet published. A second tranche is anticipated, and that opportunity will be presented to investors.
Money Metals Exchange – Platinum Rollover Lease
Money Metals Exchange is a leading precious metals provider based in Idaho. This lease is to support the growth of its platinum business. The rate for this lease has already been set in a previous auction at 2.5% annual. Interest will be paid in gold. This opportunity closed on Monday, November 2nd.
Quantum Metal – Gold Rollover Lease
Quantum Metal is one of the largest gold bullion distributors in Malaysia, providing gold products to financial institutions, merchants and individual dealers. The interest rate for this lease was set in a previous auction at 4.5% annual for a 6 month period. This opportunity closed on Monday, October 26th.