The London Bullion Market Association (LBMA) has announced that it is in active discussions with COMEX to address the premium on U.S. gold prices. The announcement comes amid persistent skepticism regarding the strength of London’s inventory and liquidity. LBMA have asserted that the city’s stocks and fiscal strength remain unwavering, as they continually strive to implement even better operational strategies.
According to LBMA, the partnership with COMEX aims to harmonize the value of gold in the U.S market with that of the international field. This move will ensure more stability and confidence among investors.
The robust London’s stocks and vigorous liquidity strengthen the city’s stand as one of the world’s leading gold marketplaces. The LBMAâs assurance should serve to soothe concerned parties and renew investor faith in the long-standing reputation of London’s market. Read More
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