#BTC US is moving its gold out of its vaults in England. Gold is moving from London to the US. Recent reports suggest that traders are actively moving gold to New York from London, which is due to concerns about possible import duties from US President Donald Trump. This has led to a shortage of the precious metal in London, where waiting times to get bars from the Bank of England vaults have increased significantly. There is also an increase in gold stocks on the COMEX, where gold prices have reached record highs.
In addition, there are reports that the UK may lose its status as a gold hub, as the US is actively moving gold out of its vaults in London. These movements reflect current economic and political trends, as well as the desire to secure the safety and benefits of storing gold in another jurisdiction.
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