Traders are scrambling to fly gold bullion across the Atlantic — here's why
Fears about the impact of trade tariffs mean gold prices are higher in New York than London, sparking a scramble to get ...
Why are banks flying out gold from London to New York?
The US bank JPMorgan and the UK’s HSBC are reportedly shifting gold bars from London to New York. About 8,000 gold bars are ...
US Banks Are Flying Gold Worth Billions Of Dollars From London To New York. Here's Why
The gold rush is largely driven by Trump's tariff threats, which have caused gold prices in London to drop by around $20 ...
Trump tariffs have JPMorgan flying gold from London to New York—but big banks also find an arbitrage opportunity
Fears that Trump could impose a blanket tax on all imports from Europe, including gold, has prompted a massive influx of the ...
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Why London’s gold is heading to New York, and what it means for buyers
Recent turbulence in the gold market has been fuelled by a surge of withdrawals from the Bank of England’s vaults, with ...
London Sees Record Gold Outflow in January in Race to Ship to US
The amount of gold stored in London vaults fell by 4.9 million troy ounces in January, the largest monthly decline since ...
Why Dealers Are Flying Gold Bars by Plane From London to New York
Tariff fears have roiled gold markets, pushing JPMorgan and others to stash bullion on passenger planes to sell at record ...
Silver catches a lift from gold's bull run to eye 10-year peak
Silver prices hit their highest since late October on Friday, latching on to factors that drove gold to successive record ...
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London's Gold Shortage: A Symptom Of Global Economic Anxiety
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 recently to the ...
As gold eyes glittering milestone, bear case also rises
Gold prices have marched into uncharted territory as bulls latch on to economic uncertainty created by U.S. import tariff ...
US banks transporting gold from London to New York amid trade war fears
Gold is first transported in high-security vans to airports, before being sent to Swiss refiners. There, the metal is recast ...
Why are U.S. banks flying gold from London to New York?
JPMorgan and HSBC – who have access to huge gold supplies in London – often lend out bullion to borrowers who need to use it ...