Companies' efforts to get ahead of possible U.S. tariffs on metals is causing a shortage of the valuable element in the ...
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 ...
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.
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, ...
Tariff worries have led to premiums in the New York market and weeks-long queues to withdraw metal from the BOE.
The bank's reported intervention via gold leasing this week was a proclamation that the bank and probably the Federal Reserve ...
The unprecedented movement of gold and silver from London to New York continued to create uncertainty in the bullion markets ...
Gold in the Bank of England vault is trading at a discount to the wider market, as fears over potential Trump tariffs spark a ...
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.
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 ...
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 ...