The Conversation (0)
Reuters reports that large buyers and institutional investors generally buy the metal from big banks.
Reuters reports that large buyers and institutional investors generally buy the metal from big banks.
The editorial is quoted as saying:
London is the hub of the global spot gold market, with more than $21 billion in trades passing through the city’s clearing system each day. To avoid cost and security risks, bullion is not usually physically moved and deals are cleared through paper transfers.
