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gold, London and New York
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.
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.
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.
6h
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 ...
6h
Heathrow's third runway and London 'gold shortage'
"The Reeves Revolution," is what the Daily Mirror calls the chancellor's "vision for growth". In her speech on Wednesday, she ...
1d
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 ...
16h
BoE's Bailey says bank rules were delayed because of US competition
The Bank of England delayed introducing new rules for banks to avoid putting British firms at a competitive disadvantage to ...
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 ...
12d
on MSN
Traders bet on more Bank of England rate cuts in 2025 after data shocks
The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister ...
17h
on MSN
UK's Reeves puts new Heathrow runway at heart of growth push
British finance minister Rachel Reeves gave the government's backing to a long-delayed new runway at London's Heathrow ...
1d
on MSN
Dad sets world record visiting 42 London museums in a day
A Londoner has broken a Guinness World Record by visiting 42 museums in a single day after being inspired by his children ...
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