All Posts Tagged With: "Krugerrand"

Largest Gold Refinery in the World Runs out of Krugerrands

Shortages of certain bullion products is possibly the most important issue facing the gold and silver markets today.

The sole maker of South African Krugerrands, Rand Refinery Ltd., largest gold refinery in the world, today ran out of the iconic bullion coin after an ‘unusually large’ order from an unnamed buyer in Switzerland.

Rand Refinery has delivered more than 46m blank coins over the years since it opened in 1967.

South African Krugerrand
South African Krugerrand

Bloomberg reported yesterday how the largest gold refinery in the world was out of inventory of gold Kruggerands due to just one sizeable order from Switzerland of 5000 Krugerrands. This would…

2Sep2008 | The Gold Blog | Comments Off | Continued

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