Summary. London is encountering a gold shortage as many major gold holders are transferring their gold to the U.S. London companies have sent an estimated 134 billion dollars worth of gold ...

However, London remained a major gold market, and "if you want to be involved in that market and you want to trade and use your gold, you really need to have it in London," Bailey added.

As the price of gold reaches all-time highs, with silver not far behind, London precious metals dealers are seeing more people becoming interested in doing business. That means that grandma's ...

President Donald Trump’s tariff plans have prompted some of the largest banks in the US and Britain to fly gold bars from London to New York City on commercial flights.

LONDON (Reuters) -London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge in gold deliveries to the United States on ...

Banks are flying gold bars from London to New York City on commercial jets to address a market disparity brought on by economic uncertainty surrounding President Trump's tariff plans.

LONDON (Reuters) -London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge in gold deliveries to the United States on speculation of ...