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gold, London
UK faces gold shortage as traders send $82B to New York in anticipation of Trump tariffs
People can’t get their hands on gold because so much has been shipped to New York, and the rest is stuck in the queue,” one industry executive was quoted as saying.
Gold stockpiling in New York leads to London shortage
A surge in gold shipments to the US has led to a shortage of bullion in London, as traders amass an $82bn stockpile in New York over fears of Trump administration tariffs.
Heathrow's third runway and London 'gold shortage'
The Daily Telegraph says Heathrow's third runway will not be ready until 2050, according to Ryanair CEO Michael O'Leary. The paper quotes him as saying the airport will not get a new runway "in my lifetime and certainly not in [Reeves'] political lifetime",
Trump tariff concerns drive gold rush to New York, draining London reserves: Report
The minimum waiting time to load gold out of the Bank of England, which stores gold for central banks, has reached four weeks, one of the sources said. In normal times, the release time is a few days or a week.
17h
London gold market queues up to borrow central bank gold after big shipments to US, sources say
London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge ...
2d
on MSN
Remember the U.K. debt crisis under Liz Truss? Bank of England now has a formal process to handle it.
The Bank of England on Tuesday announced a new emergency measure to deal with debt-market instability like that seen during ...
13d
on MSN
Mark Carney, the 'unreliable boyfriend' who ran UK's central bank
Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when ...
8h
Sterling treads water as markets look to Bank of England
The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate ...
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