LONDON, Jan 29 (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 ...
London’s $930 billion gold market is facing a major disruption, and it’s coming straight from the top. On Wednesday, the World Gold Council (WGC) announced its plan to introduce a digital token called ...
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 ...
The possibility of tariffs created a gold premium in US markets. Despite billions of dollars of gold flowing from London to New York, the premium has still not closed. This continues to be a major ...
Citigroup Inc. and Morgan Stanley are among banks preparing to challenge the dominance of JPMorgan Chase & Co. in the global gold market by seeking to offer vaulting services in London, as investor ...
With the price of gold and silver surging, some London jewelers notice more customers switching to alternatives to cut back on costs. While demand hasn't significantly wavered, some goldsmiths and ...