London Sees Record Gold Outflow in January in Race to Ship to US
The amount of gold stored in London vaults fell by 4.9 million troy ounces in January, the largest monthly decline since ...
Mining9h
Shipments to US caused a 1.7% drop in London gold vault holdings in January
The amount of gold stored in the London vaults fell 1.7% month on month to 8,535 metric tons worth $771.6 billion in January ...
The world’s second-largest gold storage suddenly has very long lines to withdraw bars
President Donald Trump’s tariff threats have created such strong demand for UK-held gold, traders are facing potentially ...
Money Metals Exchange7d
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 ...
Bank of England suffers exodus of gold bullion
Thousands of gold bars have been withdrawn from the Bank of England’s vaults since the end of last year amid fears around the ...
Marketplace4d
Gold is rushing from London to New York
Companies' efforts to get ahead of possible U.S. tariffs on metals is causing a shortage of the valuable element in the ...
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 ...
US gold rush drives up borrowing costs for precious metal in London
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 Dealers Sell BOE Bullion at Discount in Tariff Turmoil
Gold in the Bank of England vault is trading at a discount to the wider market, as fears over potential Trump tariffs spark a ...
Gold demand up 1% in 2024, to remain supported by economic uncertainty, World Gold Council says
Global gold demand including over-the-counter (OTC) trading rose by 1% to a record high of 4,974.5 metric tons in 2024 as ...
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 ...
Money Metals Exchange5d
Ongoing Physical Gold and Silver Drain in London Pressures Prices Higher
The unprecedented movement of gold and silver from London to New York continued to create uncertainty in the bullion markets ...