Triggered by a COMEX-Spot spread blow out in the wake of a delivery failure in gold Exchange for Physical (EFP) transactions, an unprecedented 730 tonnes of gold has flowed into COMEX gold vaults between 24 March and 30 June, mostly into the vaults of JP Morgan and Brink's.
The chain of events can be traced back to the LBMA rush on 24 March to “facilitate physical delivery of... Continue Reading
Ronan Manly is a precious metals analyst with BullionStar whose blogs
often cover current themes including what's going on in the
London gold market and the gold activities of central banks.