The outflow of gold stored in the London vaults to the United States slowed in February, the London Bullion Market ...

China’s official gold holding represents just 5 per cent ... the gold held in commercial vaults in London, known as the “loco London” market, where the official wait is two to three days.

Reportedly, London is home to the world's largest over-the-counter gold trading hub, where market players trade directly with each other rather than via an exchange. The size of so-called Loco ...

"This highlights that gold is moving from BoE into the Loco London system but also shows that the market dynamics that led to gold travelling to New York in recent months have somewhat eased." ...