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 ...
A powerful sign of a bull market is when seemingly bearish news or data is instead interpreted bullishly by investors. Click ...
Thousands of gold bars have been withdrawn from the Bank of England’s vaults since the end of last year amid fears around the ...
Tariff worries have led to premiums in the New York market and weeks-long queues to withdraw metal from the BOE.
The rush to ship gold from London to the US to take advantage of premium prices is fueling strong demand for slots to withdraw metal from the Bank of England’s vault, an official said.
President Donald Trump’s tariff threats have created such strong demand for UK-held gold, traders are facing potentially weeks-long queues for a chance to withdraw it.
Gold edged closer to a record high ahead of a key US jobs report, while heightened geopolitical tensions and economic ...
In recent days, gold stored at the Bank of England (BOE) has been trading at levels below the London spot price, drawing ...
Trade-war concerns have led dealers in London to shift metal to the US, fearing the possibility that bullion won’t be ...
Traders are waiting for weeks to withdraw gold in London, as demand for physical gold ramps up to several new factors.
Further, US-based investors are worried that the President might impose tariffs on imports of the precious metal as well, ...