Quantum Metal Lease #1 (gold)
Monetary Metals leased gold to Quantum Metal, to support the growth of its gold distribution business through retail bank branches. The metal is held in the form of retail Perth Mint bars.
For more information see Monetary Metals’ press release.
Metal: Gold
Commencement Date: January 31, 2019
Term: 1 year
Lease Rate: 4.5% net to investors
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