The rush to ship gold from London to the US to take advantage of premium prices is fueling strong demand for slots to withdraw metal from the Bank of England’s vault, an official said.
In recent days, gold stored at the Bank of England (BOE) has been trading at levels below the London spot price, drawing ...
President Donald Trump’s tariff threats have created such strong demand for UK-held gold, traders are facing potentially weeks-long queues for a chance to withdraw it.
Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...
The Bank of England is expected to cut interest rates this Thursday in a bid to stimulate a sluggish UK economy, despite mounting fears over inflation creeping back up. Markets are bracing for a ...
The Bank of England is expected to cut interest rates next week - sparking a series of reductions in 2025. The bank is set to drop them from 4.75% to 4.5%, in a move that could shake up savings ...
The Bank of England is set to cut interest rates in its next meeting this Thursday from 4.75% to 4.5%, following stronger-than-expected inflation figures for December and ongoing concerns about ...
The Bank of England could cut interest rates more aggressively as Donald Trump’s tariff policies fuel fears of a global downturn. Rate-setters are all but certain to announce a cut from 4.75 per ...
The waiting period to retrieve gold from the Bank of England has surged due to fears that the new Trump administration will levy tariffs on imports. A shortage of gold has gripped London as its ...
The grandeur of the current door of the Kaaba can be gauged from the fact that it is made of 280 kilograms of gold. However, initially, the door of the Kaaba was made of wood. From the time of ...
England men's busy year in 2025 ends with Ashes series in Australia; Ben Stokes' Test side also play home matches against Zimbabwe and India; white-ball assignments for Jos Buttler's men include ...