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Heathrow's third runway and London 'gold shortage'
The Daily Telegraph says Heathrow's third runway will not be ready until 2050, according to Ryanair CEO Michael O'Leary. The paper quotes him as saying the airport will not get a new runway "in my lifetime and certainly not in [Reeves'] political lifetime",
Gold stockpiling in New York leads to London shortage
A surge in gold shipments to the US has led to a shortage of bullion in London, as traders amass an $82bn stockpile in New York over fears of Trump administration tariffs.
UK faces gold shortage as traders send $82B to New York in anticipation of Trump tariffs
London is facing a gold shortage after traders pulled out billions in bullion from the vaults of the Bank of England and stockpiled them in New York amid fears that Donald Trump will slap fresh tariffs on the shiny commodity,
Trump tariff concerns drive gold rush to New York, draining London reserves: Report
The minimum waiting time to load gold out of the Bank of England, which stores gold for central banks, has reached four weeks, one of the sources said. In normal times, the release time is a few days or a week.
16h
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 ...
3h
on MSN
Gold prices skyrocket, rush begins to borrow reserve asset. Here's what buyers may want to know
Gold rates have gone up as investors have apprehensions over probable tariff-related decision from US President Donald Trump.
Money Metals Exchange
2d
SCOOP: China Continues Making Covert Gold Purchases in London
While the gold space is obsessed over the gold streaming from London to New York due to the tariff threat, having no net ...
5h
on MSN
Safe-haven gold rises amid Trump tariff worries
Safe-haven gold prices rose on Thursday as investors worried about potential import tariffs from U.S. President Donald Trump, ...
1d
Gold Market Launches Ledger To Track Bars From Refiner to Vault
The gold market has launched a digital database to track bullion and keep precious metal from illicit sources out of the ...
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