As London is in the grips of a gold shortage, many are blaming Donald Trump for it; here's why
The waiting period to retrieve gold from the Bank of England has surged due to fears that the new Trump administration will levy tariffs on imports.
Traders Load US-Bound Planes With Gold and Silver in Tariff Bet
Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeTrump Paves the Way to Deputize Local Police on ...
4 Bank Of England Scenarios, With A Rate Cut Widely Expected
ING is looking for three further cuts later this year, but a shaky jobs market and the prospect of lower services inflation risks pushing the BoE into more aggressive moves. Click to read.
Traders are moving so much gold from the Bank of England to the U.S. to avoid Trump tariffs that the waiting time has reportedly octupled
But in some instances, traders must deliver physical gold to fulfill some of their futures contracts. Fears around Trump’s ...
Money Metals Exchange1d
Is the London Gold Shortage Just a Tariff Scare... or Something More?
The bank's reported intervention via gold leasing this week was a proclamation that the bank and probably the Federal Reserve ...
Gold is not a currency
Gold hit an all-time high yesterday. Regular readers of Unhedged will know that we have mixed feelings about the metal. We don’t like investments that don’t generate cash flows, and gold is a terrible ...
Ziarul BURSA | BURSA.RO2d
Trump's tariffs will hit the US's top trading partners
Trade with Mexico, China and Canada accounted for about 43% of all US goods imports in 2023 by value, according to a Statista ...
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 ...
Crime14d
Bank of England interest rate cuts and how you may be affected amid inflation change
Latest figures show that UK inflation dropped last month, potentially affecting the Bank of England's interest rate decision next month. The Consumer Prices Index (CPI) rate fell from 2.6 per cent ...
The Financial Times16d
Bank of England delays new capital rules ahead of Trump presidency
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England has delayed the start of new capital rules for British banks by a year while it waits ...