Thousands of gold bars have been withdrawn from the Bank of England’s vaults since the end of last year amid fears around the ...
Central bank gold demand topped 1,000 tonnes for the third straight year in 2024. It was the third-largest expansion of ...
Gold's appeal as a haven from risk strengthened further as newly elected U.S. President Donald Trump turned to tariffs to aid ...
The UK’s gold reserves are also held at the Bank ... the increase in demand for withdrawals of bullion from the Bank. He said: “London remains the major gold market in the world.
President Donald Trump’s tariff threats have created such strong demand for UK-held gold, traders are facing potentially weeks-long queues for a chance to withdraw it.
Gold’s rally continues, driven by market volatility and central bank purchases, particularly from China. The price has reached $2886 per ounce, fueled by fears of inflation and trade wars. Analysts ...
In recent months, the global Gold market has experienced an unusual and dramatic shift. London, historically the world’s dominant hub for bullion trading, is facing an acute shortage of physical gold, ...
“The US gold market has been trading at a premium to the London market ... Ramsden said. The Bank of England, which is second only to the New York Federal Reserve as a top global custodian ...
U.S. President Donald Trump's latest tariff threats have ignited another gold rush, propelling the safe-haven metal to new ...
Further, US-based investors are worried that the President might impose tariffs on imports of the precious metal as well, ...