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Fortune reported that the stock of New York’s gold has reached the last level at the beginning of the COVID-19 Pandemic, and has reached $ 82 billion in the city. According to the report, the trader has brought a 393 meter metric ton to the COMEX Commodity Exchange in New York, and since he won the Trump election in November, the money has been shifted a lot.
The waiting period will increase
According to Reuters, the waiting time for dramatically withdrawing Bo’s gold has been dramatically rose for four weeks compared to the past few days. People who are aware of the issue reported that they could take eight weeks.
“Many people are shipped to New York and the rest are in line, so people can’t get money,” said the executives. “The liquidity of the London market has decreased.”
Fortune reported that the recent BOE data has steadily declined since November.
Andrew Bailey tries to calm the situation
Governor Andrew Bailey, Governor Andrew Bailey, tries to neglect the situation and says, “London is still a major gold market in the world. If you are involved in that market and want to trade or spend money, you are really London. I need to have it. ” Bailey’s efforts to relieve the fear of gold outflow from London, according to the report, changes in behavior by investors who have begun betting under the uncertainty surrounding trade policies under President Donald Trump. Reflects.
FAQ
Why is London a shortage of money?
Trader is in a hurry to move money to New York, regarding the concern that the Trump administration may impose tariffs on imports.
How long does it take to get money from England Bank?
The waiting time is increasing, and some traders have been waiting for up to eight weeks to collect money. Many of them have already been shipped to the United States.
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