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Follow in the Footsteps

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Published : August 28th, 2008
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Category : Gold and Silver

 

 

 

 

World's Largest Gold Refiner Runs out of Krugerrands

 

By Claudia Carpenter

 

Aug. 28 (Bloomberg) -- Rand Refinery Ltd., the world's largest gold refinery, ran out of South African Krugerrands after an ``unusually large'' order from a buyer in Switzerland.

 

The order was for 5,000 ounces and it will take until Sept. 3 for inventories to be replenished, said Johan Botha, a spokesman for Rand Refinery in Germiston, east of Johannesburg. He declined to identify the buyer...

 

 

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