Lease - Forward Rates

Lease Rates -Derived from Market data

(Expressed as an annual percentage rate)

	Gold
Feb 03, 2012

	Silver
Feb 03, 2012

	Platinum
Feb 03, 2012

	Palladium
Feb 03, 2012

Change

1-month

-0.2871%

+0.2345

-0.2595%

-0.2595

0.0000%

0.0000

0.0000%

0.0000

2-month

-0.2020%

+0.3560

-0.0720%

-0.0720

0.0000%

0.0000

0.0000%

0.0000

3-month

-0.0840%

+0.4910

0.1110%

+0.1110

0.0000%

0.0000

0.0000%

0.0000

6-month

0.1371%

+0.7371

0.3765%

+0.3765

0.1685%

+0.1685

0.1185%

+0.1185

1-year

0.4300%

+1.0520

0.7360%

+0.7360

0.0000%

0.0000

0.0000%

0.0000

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

Jan 25, 2012
Gold	Forward Rate	Lease Rate
1 month	0.53467	-0.26187
2 month	0.56333	-0.15813
3 month	0.59250	-0.03590
6 month	0.60950	0.18225
1 year	0.63167	0.47628

Detailed Gold and Silver Lease RatesCharts

Detailed Gold and Silver Lease Rate Charts

Updated - Fri February 3 2012 22:00:42 - New York Time