‘8,000 Gold Bars’: Why Are US Banks Flying Gold From London To New York?
14 Feb 2025
Deep beneath London’s Threadneedle Street lies a labyrinth of tunnels housing the world’s second-largest depository of gold. Within the heavily fortified vaults of the Bank of England (BoE), hundreds of tonnes of gold, valued at over £200 billion ($252 billion), are securely stored. However, this vast reserve is now steadily...
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