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What is the Gold Forward Rate

An artistic representation of London as the center of a vast, golden river system symbolizing the global gold market, with an ancient and mystical GOFO tide gauge at the heart of the golden Thames.

Uncover the power of the Gold Forward Rate (GOFO) in predicting gold market trends. This comprehensive guide walks you through GOFO’s calculation, interpretation, and practical applications, empowering investors to make informed decisions in the ever-changing landscape of gold investments.