Monetary Metals completed a gold bond sale of approximately $38 million, or just over 9,400 ounces of gold, triple the size of its 2024 bond. The three-year bond pays investors an annual interest rate of 5.75% in physical gold. Proceeds will repay the old bond and fund a gold warehouse facility for leases in its Gold Yield Marketplace, growth opportunities, and working capital. CEO Keith Weiner said the bond shows businesses can raise gold-denominated financing and that investors want their gold to grow, not just protect their wealth.
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Related tickers and likely impact
XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/30/2026 | 3,875.51 |
| Change that session | -3.63% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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