Lease - Forward Rates

Lease Rates -Derived from Market data

(Expressed as an annual percentage rate)

	Gold
Feb 10, 2012

	Silver
Feb 10, 2012

	Platinum
Feb 10, 2012

	Palladium
Feb 09, 2012

Change

1-month

-0.2725%

-0.0097

-0.3095%

-0.0063

0.2505%

-0.0043

0.2535%

-0.0013

2-month

-0.1762%

-0.0072

-0.1512%

-0.0239

-0.1795%

-0.0073

-0.2240%

-0.0018

3-month

-0.0715%

-0.0107

-0.0073%

-0.0506

0.5060%

-0.0073

0.5100%

-0.0033

6-month

0.1369%

-0.0072

0.2864%

-0.0355

0.1581%

-0.0042

0.1086%

-0.0037

1-year

0.3998%

-0.0194

0.6698%

-0.0177

0.4198%

-0.0065

0.4225%

+0.0462

Lease rates displayed are an indication only of bank to bank borrowing charges. The degree to which lease rates may be displayed as negative would suggest the degree to which there is a lack of demand to borrow the metal.

The following market indications are provided courtesy of
the London Bullion Market Association

Feb 01, 2012
Gold	Forward Rate	Lease Rate
1 month	0.54560	-0.28160
2 month	0.57200	-0.17950
3 month	0.59300	-0.05590
6 month	0.61340	0.15910
1 year	0.63800	0.45270

Detailed Gold and Silver Lease RatesCharts

Detailed Gold and Silver Lease Rate Charts

Updated - Sun February 12 2012 23:06:23 - New York Time