Is the London Gold Shortage Just a Tariff Scare... or Something More?
The bank's reported intervention via gold leasing this week was a proclamation that the bank and probably the Federal Reserve and U.S. Treasury are still engaged in gold price suppression.
UK faces gold shortage as traders send $82B to New York in anticipation of Trump tariffs
People can’t get their hands on gold because so much has been shipped to New York, and the rest is stuck in the queue,” one industry executive was quoted as saying.
Heathrow's third runway and London 'gold shortage'
The report quotes a source close to the MP behind the bill, Kim Leadbeater, who says MPs were "looking carefully" at possible amendments to it. It notes that opponents consider the judge's decision a "key safeguarding element" of the bill, which affects England and Wales.
UK gold shortage as £66bn moved out of London
A surge in gold shipments to the US has led to a shortage in London, according to reports. Traders have amassed an almost £66bn stockpile in New York in recent weeks amid concerns over tariffs by the Donald Trump administration, the Financial Times reports.
Gold stockpiling in New York leads to London shortage
A surge in gold shipments to the US has led to a shortage of bullion in London, as traders amass an $82bn stockpile in New York over fears of Trump administration tariffs.
Trump tariff uncertainties push safe-haven gold to record high
By Anjana Anil and Sherin Elizabeth Varghese (Reuters) -Safe-haven demand due to geopolitical uncertainties and concerns over global economic growth amid U.S. President Donald Trump's tariff plans have hoisted gold prices to a record high,
Trump tariff concerns drive gold rush to New York, draining London reserves: Report
The minimum waiting time to load gold out of the Bank of England, which stores gold for central banks, has reached four weeks, one of the sources said. In normal times, the release time is a few days or a week.
London gold market queues up to borrow central bank gold after big shipments to US, sources say
London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge ...
Traders are moving so much gold from the Bank of England to the U.S. to avoid Trump tariffs that the waiting time has reportedly octupled
But in some instances, traders must deliver physical gold to fulfill some of their futures contracts. Fears around Trump’s ...
Why there’s now ‘incredible demand for physical gold’ in New York markets
A rush on physical gold, thanks to President Donald Trump’s tariff threats, has fueled a rise in prices of the precious metal to fresh record highs.
London bullion association launches digital database for gold bars
The London Bullion Market Association has launched a digital database for gold bars to improve transparency in the precious ...
Money Metals Exchange4d
SCOOP: China Continues Making Covert Gold Purchases in London
While the gold space is obsessed over the gold streaming from London to New York due to the tariff threat, having no net ...
Traders Load US-Bound Planes With Gold and Silver in Tariff Bet
Over the last few months, sealed wooden boxes have been arriving in the holds of commercial flights from London to New York, ...
StringersHub on MSN10h
UK: London Eye lights up while Sydney Opera House stages gala to mark Chinese New Year
Britain's iconic London Eye shone in radiant gold and red on Tuesday evening, the eve of the Spring Festival or the Chinese ...
London's FTSE 100 at record high on boost by precious metal miners
Britain's benchmark index closed at record peak on Thursday as investors cheered a healthy set of corporate updates, while a ...