Cash-Online: 4 Years' Gold Stacked in New York

By  Cash-Online / February 07, 2025 / www.bullionvault.com / Article Link

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:

Trumps Zollpolitik: wird Gold jetzt knapp?

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