Commodity Trade Mantra

Posts Tagged ‘London Gold Trade’

An Inside Look at the World's Biggest Paper Gold Market

Here’s an infographic that tells the story about gold’s foremost trading hub, as well as the paper gold market in London. To put that in perspective, Jeff Desjardins notes that more gold is traded in London each day than what is stored at Fort Knox (4,176 tonnes). On a higher volume day, amounts closer to total U.S. gold reserves (8,133.5 tonnes) can change hands.

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