What’s driving gold rush from London to New York?

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For centuries, gold has been a shelter for political and economic uncertainty. The fact is that it is solid – what you can hold in your hands – gives people a sense of safety and when everything is in turmoil, its price reserves are represented.

Investors have sought refuge in the billions between US President Donald Trump’s trade and growing concerns over geographical political agendas. The price of gold affects a series of record heights in 2025, which has been extended a tremendous run from last year.

US prices have increased even more, and by making a premium on international standards, fears that gold can be added to Trump’s prices on imported goods. The precious metals still have to be targeted, but dealers are concerned that they may be eliminated by Trump in a widespread declaration and threatening achievement. This has encouraged a translatric gold rush because the yellow metal has been transported from London to New York from Walts.

Why is gold being sent from London to New York?

Under normal circumstances, Billion Prices in New York and London – two major trading centers – move to nearly lockstop. But Gold Futures on New York’s comics are significantly trading with spot prices in London, this year there is a difference in the distance of the tri -vince.

The huge difference in prices has created a lucrative mediation opportunity for dealers, traders and investors. There is a dash worldwide among those in the physical metal occupation to move it to the United States to capture large premiums and possibly hundreds of millions of dollars.

By mid -February, after the US elections in November, by mid -February, the Comics inventors had reduced more than 20 million ounces. Most of the goldsters who sent the Express came from London.

The last time it was so severely priced in 2020, when the lockdown of Covade 19 promoted the gold market and led to bumper profits for those who were able to chart up aircraft and bring metal to the United States.

Why is it safe in London so much?

According to data from the London Billion Market Association, London is the world’s largest trading center for physical bullion and was sitting on more than 8,500 metric tons by January.

In this city, a trade vault run by dealers like JP Morgan Chase & Co. and HSBC Holdings PLC is in the hands of gold changes. The Bank of England has also taken a huge stash in nine heavy fortified vaults and maintains these reserves from the UK treasury, other central banks and commercial banks. BOE is often considered to be the last tactic to tap for the physical market – the holders there rarely change their billions as it is a relatively SIM cheap storage option and has long been proven to protect it.

However, there is a dire need for Trump to move beyond any revenue that can hit the yellow metal, both commercial vaults and the Bank of England’s cash have been developed. Boi saw the largest gold emission since 2012.

Is there any danger that London will end with sleep?

Despite the emergence, there is still a large amount of billion under the ThreadNewad Street-the Bank of England is the second largest gold supervisor in the world after the New York Federal Reserve and has around 420,000 bars.

Although its stock has not been eliminated, BOE has struggled to maintain demand pace, resulting in withdrawal in a long row and even gold prices in London. The bank works with a limited number of vault staff and the bull is divided into two underground floors, which makes it burdensome to move. Hold, Holders, to eliminate things, holders do not have the right to do any bar in the Bank of England. Instead, they own specific bars that need to be tracked and have to be brought to the surface.

These logistics complications are a threat to those who want to move their gold to the United States and occupy a large price premium before squeezing potential tariffs.

How easy is it to transport gold internationally?

It is usually relatively simple to shift, redeemed in the cargo holds of commercial aircraft, which is unfamiliar with the holidays and business passengers in the above cabin. There is a limit that is not due to weight, but how much can be moved into a flight because of the price, as the insurance will cover only a certain amount in a single aircraft.

Nevertheless, it is not as straight as loading the jet from Heathrow Airport to JF, thanks to a quirky in the global gold market: different size requirements. In London, 400 ounces bar are standard, while for COMEX contracts, traders must supply 100 ounces or 1kg bar. This means that the Billion has been sent to the Comx Warehouse, first to go to the refiners in Switzerland to melt and re -prepare the right dimensions before traveling to the United States. This creates a barrier when there is a special rush to resurrect the Billion Stock. Refinery waiting time is getting longer due to high demand for their services.

Is it just to advance the price of gold for fear of a trade war?

Since the beginning of 2024, the rally of the metal has been partially driven by the main banks of central banks, especially in emerging markets when they try to reduce the world’s main reserve currency, US dollars. Gold helps to diversify the country’s foreign exchange reserves and avoid currency department.

Central banks’ gold appetite has been increasing since the attack on Russia’s Ukraine has pointed out how foreign currency assets are subject to sanctions – the United States and its allies have frozen Russian Central Bank funds in their countries. According to the World Gold Council, in 2024, Central Banks bought more than a thousand tonnes for the third consecutive year, and they are fifth of all the gold that were sometimes mined. His constant enthusiasm encouraged the Goldman Sex Group Ink to raise the target at the end of the year at the end of the year for gold prices in mid -February.

Is gold gonna ending the only precious metal?

Traders have also kept a cheap sister, silver in trade flights to the United States to take advantage of a lucrative premium. Silver bars are generally considered to be a huge and low price so that they are capable of transporting them through the aircraft. Instead, they are usually shipped by boat and takes about 45 days to reach their destination. But the New York Price Premium has made the air freight viable.

Many market participants and industry experts do not expect Silver to be included in Trump’s prices, but the opportunity for translatable mediation is running through uncertainty. As gold, it is clearly lacking about import duties, which Trump has included in the delayed 25 % delayed rates on goods obtained from Mexico and Canada, which are two silver suppliers to the United States.