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Trump, gold
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
London is in the grips of a gold shortage as traders line up for weeks to get bars out of the Bank of England and ship them to the U.S. amid fears that the new Trump administration will levy tariffs on imports.
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.
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.
2d
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 ...
Money Metals Exchange
13h
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 ...
1d
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 ...
2d
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 ...
22h
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 ...
8h
on MSN
Trump Is Rattling the Gold Market. Why Gold Investors Love It.
Traders appeared to be stockpiling gold in the U.S. ahead of President Donald Trump’s threat to impose 10% tariffs on all ...
4h
on MSN
'Incredible demand for physical gold' adding to already tight market, analyst says
Gold prices surge as Trump's tariff threats create rush to safety. Analysts predict further gains with physical demand ...
2d
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.
2d
Gold Market Launches Ledger To Track Bars From Refiner to Vault
The gold market has launched a digital database to track bullion and keep precious metal from illicit sources out of the ...
StringersHub on MSN
19h
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 ...
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