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 ...

Gold is being moved from London to New York via Switzerland because US buyers require smaller kilobars instead of the standard 400-ounce bars. Swiss refineries are busy converting the gold ...

The amount of gold stored in London vaults fell by 4.9 million troy ounces in January, the largest monthly decline since records began in 2016, as traders rushed to ship the precious metal to the ...

“The monthly decline in gold stocks reflects the well-documented market dynamics at present,” the LBMA said. “Given the flow of metal from London to New York, a 151 tonne decline in stocks in January ...

In London's Hatton Garden jewellery quarter, stores have raised their iron shutters to welcome a motley crew of buyers and sellers, as the price of gold reaches record highs. "I know that whatever ...

“The US gold market has been trading at a premium to the London market,” Dave Ramsden ... If you were coming in new to us, you might have to wait a bit longer because all the existing slots ...

The rush to ship gold from London to the US to take advantage of ... impose tariffs affecting gold has led to premiums in the New York market and weeks-long queues to withdraw metal from the ...

London (AFP) – In London's Hatton Garden jewellery quarter, stores have raised their iron shutters to welcome a motley crew of buyers and sellers, as the price of gold reaches record highs.

Dealers are quoting prices for gold at the BOE at discounts of more than $5 an ounce below spot in London, according to people with direct knowledge of the situation.

The London Bullion Market Association (LBMA) on Friday said that gold held in London vaults totalled 8,535 metric tons at the end of January, down 1.7% from the previous month. There were also 23,528 ...