Gold Bullion Securities (GBS/GBSS) is designed to offer security holders a simple, cost-efficient and secure way to access the gold market by providing a return equivalent to the movements in the gold spot price less the applicable management fee.
Company
Gold Bullion Securities Limited is engaged in listing and issue of gold bullion securities (Gold Securities). A Gold Security is a secured, undated zero coupon note of the Company, is secured on an amount of bullion equivalent to the gold entitlement of each Gold Security on any given date. It also allows investors to buy and sell the interest through the trading of a security to which that security may be admitted...