Trump tariff concerns drive gold rush to New York, draining London reserves: Report | Stock Market News
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 speculation of potential import tariffs there
The minimum waiting time to load gold out of the Bank of England, which stores gold for central banks, has reached four weeks. In normal times, the release time is a few days or a week.
