A Chink of Light into London’s Gold Vaults?

Posted on 17 Feb 2017 by


A chink of light may be about to shine on the gold bars held in the London Gold Market vaults. Both the Bank of England and London Bullion Market Association (LBMA) have announced that relatively soon, they will begin to publish data on the quantity of gold physically held in the series of vaults that make up the London gold vaulting network. More data than less is always welcome, however its doubtful that the Bank and LBMA will really go down the road of advanced transparency. This article lays out what we know so far. Continue reading…

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