Gold squeeze continues.
Pressure on the OTC market in London from demand for physical metal in New York is beginning to show signs of spilling over into gold option pricing.
Increased economic uncertainty and uncertainty around the potential for disruption owing to President Trump’s tariff policy is leading to a significant dislocation in the COMEX futures and London gold markets.
Gold is flowing to New York in large size to meet this demand.
The Loco London market is facing a squeeze with lending rates rising and concerns a…
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