-
2 months ago | 
businessmirror.com.ph | Jack Ryan |Mark Burton |Sybilla Gross |Yvonne Yue Li
Every day in London, thousands of commuters on the Central Line take a subterranean detour around the Bank of England’s vast underground vaults, bringing them as close as they’re ever likely to get to the $500 billion of gold the bank holds on behalf of nation states, commercial banks and other financial institutions. Tube trains come so close that staff inside sometimes report hearing a dull hum as they pass.
-
2 months ago | 
ca.finance.yahoo.com | Jack Ryan |Mark Burton |Sybilla Gross |Yvonne Li
(Bloomberg) -- Every day in London, thousands of commuters on the Central Line take a subterranean detour around the Bank of England’s vast underground vaults, bringing them as close as they're ever likely to get to the $500 billion of gold the bank holds on behalf of nation states, commercial banks and other financial institutions. Tube trains come so close that staff inside sometimes report hearing a dull hum as they pass.
-
2 months ago | 
msn.com | Jack Ryan |Mark Burton |Sybilla Gross |Yvonne Li
Continue reading More for You
-
2 months ago | 
finance.yahoo.com | Jack Ryan |Mark Burton |Sybilla Gross |Yvonne Li
(Bloomberg) -- Every day in London, thousands of commuters on the Central Line take a subterranean detour around the Bank of England’s vast underground vaults, bringing them as close as they're ever likely to get to the $500 billion of gold the bank holds on behalf of nation states, commercial banks and other financial institutions. Tube trains come so close that staff inside sometimes report hearing a dull hum as they pass.
-
2 months ago | 
news.bloomberglaw.com | Yvonne Li |Jack Ryan |Jack Farchy |Sybilla Gross
Gold in the Bank of England vault is trading at a discount to the wider market, as fears over potential Trump tariffs spark a scramble for bullion that’s resulting in weeks-long queues to withdraw metal. Dealers are quoting prices for gold at the BOE at discounts of more than $5 an ounce below spot in London, according to people with direct knowledge of the situation.
-
Jan 14, 2025 | 
hk.news.yahoo.com | Jack Ryan
【彭博】-- 瑞銀集團預測，隨著貿易和地緣政治不確定性推動對避險資產的需求，黃金創2010年以來最大年度漲幅後將在今年晚些時候再創新高。 在2024年上漲27%後，本月迄今金價小幅走高，接近每盎司2,670美元。瑞銀表示，雖然美元走強和美國殖利率上升將是今年上半年的阻力因素，但這將被需求所抵消，金價將在年底前漲至2,850美元。 該行指出川普政府的不可預測性，並表示，央行和投資者對黃金的需求應該會很強勁。該行還表示，股市波動應該會更加頻繁。 「我們預計2025年黃金作為多樣化投資工具的記錄將與投資者更加相關，」Wayne Gordon和Giovanni Staunovo等瑞銀分析師在報告中寫道，換句話說，2025年情況可能會大同小異。」 金價周二基本持平，前一交易日下跌1%，因意外強勁的美國就業報告導致一些經濟學家下調了對聯儲會進一步降息的預期。較高的借貸成本往往會降低黃金吸引力。 由於投資者因川普第二個任期於1月20日開始前的不確定性而尋求避險，金價受到支撐，幫助其擺脫美元走強和債券殖利率上升的壓力。據知情人士透露，這位候任總統的經濟團隊成員正在討論逐月緩慢提高關稅。...
-
Dec 7, 2024 | 
businessmirror.com.ph | Yinka Ibukun |Jack Ryan
There’s no escaping gold in Tarkwa. It’s in the forest. It’s under your feet as you walk the streets of Ghana’s biggest mining town. It’s the economy. Exposed holes in the ground bear witness to attempts at illegally digging out some of the precious metal and a polluted river on the edge of town shows the consequences of the boom in semi-industrial scale mining.
-
Nov 18, 2024 | 
nz.finance.yahoo.com | Sybilla Gross |Jack Ryan
(Bloomberg) -- Gold rose by the most since August as Goldman Sachs Group Inc. reiterated a forecast for prices to reach $3,000 an ounce next year, with analysts advising investors to “go for gold.”Bullion jumped as much as 2.2% in intraday trading, surpassing $2,600 an ounce, on Monday after taking a battering in the wake of Donald Trump’s US presidential election victory, which spurred a dollar rally that weighed on commodities.
-
Nov 15, 2024 | 
nz.finance.yahoo.com | Archie Hunter |Jack Ryan
(Bloomberg) -- Aluminum soared as China announced it was removing a tax rebate that covers over 5 million tons of exports of the metal. Futures in London jumped as much as 8.5% following the announcement from the country’s Ministry of Finance, which didn’t give a reason for the change. China’s aluminum industry historically has exported significant amounts of the metal as semi-finished products, which are used in value added manufacturing or simply re-melted for use as primary metal.
-
May 16, 2024 | 
news.bloombergtax.com | Jack Ryan
The UK’s Financial Reporting Council will investigate an audit by Maclntyre Hudson LLP of the 2022 financial statements of a public interest entity, according to an emailed statement.
