Spot, Gold Futures at Parity Amid Central Banks’ Hoarding of Metal

NAMPA / Sputnik

2025-11-18

WASHINGTON, November 18 (RIA Novosti) - A rare parity between spot and futures pricing of gold is occurring amid relentless central bank buying that has created fears that the precious metal may be in shorter physical supply than thought. Known in market lingo as “zero contango”, analysts say the condition is a result of prompt pricing for gold being as high as futures quoted for the next month amid wagers that US rate cuts will further boost phy......

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