Tag: gold bullion prices
-
Gold Dealers Offer Bank of England Bullion at Discount Amid Tariff Fears
Gold dealers are offering Bank of England bullion at discounted prices amid concerns over potential tariffs and a rush to secure gold. The Bank of England vault usually sees gold prices in line with the broader market but is currently witnessing prices below market rates, with long queues forming for metal withdrawals. 1 Troy Ounce…
-
Gold Prices Surge Past $3000 Amidst Trade Tariffs and Market Turmoil
Gold bullion prices saw a recovery after a significant drop, surpassing the $3000 mark per Troy ounce in London amidst global stock market turmoil. The decline followed President Trump’s unwavering stance on imposing massive trade tariffs, leading to a cascade effect on international markets. 1 Troy Ounce Oz .999 Gold Filled Bullion Solid Granules Recovery…
-
Bank of England Gold Sold at Discount Amid Tariff Fears Spurs Rush
Gold dealers are selling bullion from the Bank of England at a discount amidst tariff concerns, sparking a rush for the precious metal. The Bank of England’s gold vaults are witnessing an unprecedented situation where gold is being traded below market prices. Typically, gold at the BOE aligns with London market rates, but the current…