The amount of gold stored in London vaults fell by 4.9 million troy ounces in January, the largest monthly decline since ...
Thousands of gold bars have been withdrawn from the Bank of England’s vaults since the end of last year amid fears around the ...
Companies' efforts to get ahead of possible U.S. tariffs on metals is causing a shortage of the valuable element in the ...
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Livewire Markets on MSN'Disorderly': Why gold prices are being pushed to record highsTraders are waiting for weeks to withdraw gold in London, as demand for physical gold ramps up to several new factors.
Tariff worries have led to premiums in the New York market and weeks-long queues to withdraw metal from the BOE.
The London Bullion Market Association (LBMA) on Friday said that gold held in London vaults totalled 8,535 metric tons at the end of January, down 1.7% from the previous month. There were also 23,528 ...
The flow of physical gold and silver from London to New York continued last week, with JPMorgan announcing plans to move $4 billion in metal to deliver against futures contracts. Meanwhile, big ...
A gold rush into the US — where inventories on the New York Comex have risen 88 per cent since November’s election — has drained the market in London, as traders try to get ahead of potential tariffs ...
Gold in the Bank of England vault is trading at a discount to the wider market, as fears over potential Trump tariffs spark a ...
Further, US-based investors are worried that the President might impose tariffs on imports of the precious metal as well, ...
President Donald Trump’s tariff threats have created such strong demand for UK-held gold, traders are facing potentially ...
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