LONDON, 7 February 2025 – US stockpiles of gold bullion now top 4 years of the No.1 economy's domestic gold demand, says German finance site Cash-Online, reporting analysis by BullionVault.
Owing to a price gap between London's physical market and the New York gold derivatives exchange, "Yes, there is a shortage in the London gold market," says director of research Adrian Ash, "but it is a shortage of workers and trucks.
"In New York, on the other hand, there is now a glut of gold."
Read the full story (in German) at Cash-Online here:
Source:
Cash-Online
