@alexchiniborch: 'Gold pays no interest' is mostly true - but the lease rate (the cost to borrow physical metal) is the exception. Normally near zero. When it spikes, everyone wants the real thing, not paper, and metal gets hard to borrow. It's a thermometer, not a reward: low = calm, sharp rise = a scramble. Read it, don't trade it. - Alex #gold #leaserate #marketmechanics #bullion #preciousmetals #thegoldguydubai #dubaigold #goldmarket #investing #xauusd #physicalgold