NDTV24d
US Banks Are Flying Gold Worth Billions Of Dollars From London To New York. Here's Why
with much of the gold landing in New York City, where it's currently worth more than in London, The Wall Street Journal reported. This development has led to a significant shortage of gold in ...
The Independent27d
Why are U.S. banks flying gold from London to New York?
Much of the gold has been shipped to New York City where the commodity is, for the moment, worth substantially more than in the U.K. capital. The U.S. bank JPMorgan and the U.K.’s HSBC are two ...
BizPac Review19d
Banks rush to fly gold bars from Europe to New York City, via commercial airlines
Banks shipping gold bars from London to NYC on commercial flights to take advantage of price difference and futures market.