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 ...
A rush on physical gold, thanks to President Donald Trump’s tariff threats, has fueled a rise in prices of the precious metal to fresh record highs.
The April gold futures contract on the New York Mercantile Exchange exploded by 2.7% today, closing at $2,845.20 per troy ...
London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge ...
The gold in deep storage is held as an asset of the United States at a book value of $42.22 per troy ounce. The book value has been a constant $42 2/9, or $42.2222, per fine troy ounce since 1973, ...
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.