But in some instances, traders must deliver physical gold to fulfill some of their futures contracts. Fears around Trump’s ...
The rush to ship gold from London to the US to take advantage of premium prices is fueling strong demand for slots to withdraw metal from the Bank of England’s vault, an official said.
For gold to be internationally recognised and traded, it must undergo certification by an accredited refinery, which includes ...
Companies' efforts to get ahead of possible U.S. tariffs on metals is causing a shortage of the valuable element in the ...
U.S. stocks turned lower in choppy trading on Thursday amid a spate of mixed earnings, while waning concerns over widening ...
A surge in gold shipments to the US has led to a shortage in London, according to reports. Traders have amassed an almost ...
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...
The Bank of England faces mounting pressure as unprecedented demands to withdraw gold have stretched its processing times to four weeks, from a typical one-week turnaround, banking sources told ...
The Bank of England looks set to cut interest rates on Thursday for only the third time since just after the start of the ...
In addition to safeguarding the U.K.’s gold reserves, the Bank of England acts as a holder of commercial gold owned by banks and for other countries and central banks. The gold bars are kept in ...