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Financial Times: Virus Crisis Threatens New York's Comex

LONDON, 28 May 2020 – Insight from BullionVault today leads a report from global investment newspaper of record the Financial Times on how the Covid Crisis is affecting the world's gold bullion market.

"People have typically gravitated towards the [New York] Comex to hedge their physical stockpiles," the FT quotes Adrian Ash, director of research at the online gold platform, "but when you have this global disconnect" – caused by the collapse in normal airfreight capacity between the 2 trading centres – "you'll become very cautious."

Read the full story at FT.com here:

March ructions deter bullion banks from gold futures

Source: 
Financial Times

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