This gold lease will be a roll and expansion of an existing lease to Quantum Metal. The gold lease will support the growth of Quantum’s gold distribution business through retail bank branches. The metal is held in the form of retail Perth Mint bars. The interest rate will be determined by market auction. This lease is scheduled to open the week of May 17.
Gold Bullion International – Gold Rollover Lease
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 – Silver Bridge Lease
Money Metals Exchange is a leading precious metals provider based in Idaho. This lease is to support the growth of its silver business. The rate has already been set in a previous auction at 2.2% annual, with the duration through July 12, 2021. This opportunity closed on Monday, December 28.