The price of gold, considered a haven during turmoil, surpassed $3,000 per ounce for the first time as investors send U.S.
The outflow of gold stored in the London vaults to the United States slowed in February, the London Bullion Market ...
There is so much demand for gold in New York, the global hub for futures trading, that it has led to long waits to get bars out of vaults in London, where the physical market for gold is based.
The Bank's vault keepers are busier than they've been in years, logistics companies are working overtime, and refineries are booked out for months with orders to recast gold bars from London into ...
The London gold market is facing a mounting structural crisis. Bullion banks that lend precious metals to producers and each other moved over 200 tonnes of gold to New York in January in response to ...
Premiums and discounts on gold are generally not more than a few cents per ounce. London-based bullion dealing company Auronom told Business Insider last week that prices for gold held at the Bank ...
Deep under London’s Threadneedle Street lies an intricate network of tunnels holding the world’s second-largest depository of gold. The Bank of England’s nine heavily fortified vaults hold ...
The outflow of gold stored in the London vaults to the United States slowed in February, the London Bullion Market Association (LBMA) said on Friday, as the price swings which attracted the ...
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