(Finance) – Bank of England confirmed that he received a strong request for retreat of gold physicist In recent weeks and that this has led to the extension of delivery times, given the implicit length of these procedures. Denied instead the indiscretions according to which the institution did not exhaust the reserves of the precious metal. “We have the second major gold reserves in the world and ours has dropped by about 2%,” the deputy government bake assured, Dave Ramsdenanswering a question during the press conference held at the end of the Directory.
Some press bodies have speculated that the victory of Trump In the United States he pushed the demand for physical gold from the United States in an attempt to transfer it to the country before the duties on the imports promised by the new American president.
“What is happening must be framed in the context of what is happening in the global economy. Because this helps to explain some of the facts on the timing that it takes to bring the gold out of the central banks. It should also be remembered that the US market of physical gold offers a surcharge compared to that of London. And that operators try to obtain advantages from this differential, “he explained.
“There was one strong request. But we can satisfy this question – said Ramsden -. All those who submitted requests if they were given to them. Obviously they may have to wait a few more weeks than normal, because all slots are busy. Also for issues of safety These procedures are not simple: the reality of the facts is that they take time “.
In addition to the American thrust – fueled in recent years by the enormous budget deficits made by the Biden Administration who have created restlessness on the value of the dollar -, also the China In recent months he has started an accumulation maneuver.