Gold is about to reach gold status. The valuable items are operating in large numbers from the UK to New York as global speculation about a trade war spurred by President Trump's policies sparked financial institutions to earn their hands. Land.
why? For one, investors are keen to put them in the US before the obligation is placed, as they are worried that Trump will launch tariffs on gold. However, gold is between the fear of tariffs in the UK between the price of physical gold in the UK, the price of physical gold in New York, where the Bank of England houses it, and the gold futures contracts are on sale. He has earned frequent flyer miles because he has created a gap.
- The Gold Futures was a record high, closing out last week in New York at $2,909. Gold per ounce price in London has been reduced by about $20 per ounce. An extraordinary difference.
- This provides traders with arbitrage opportunities by making money from sending money from London to New York.
If they're lined up You may be there for a while to get the money. Waiting time to collect the bar from the Bank of England safe 8 weeks Because they are struggling to keep up with demand.–CC
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