Bullion Rushes East in The Great Migration of The Gold Market

Large amounts of metal are being taken out of vaults in financial hubs like New York.

Istanbul's Grand Bazaar as interest in gold declines due to rising interest rates.

Getting enough bullion where it is needed is challenging for merchants because to logistical problems and market peculiarities.

As a result, in several Asian markets, gold and silver are trading at exceptionally high premiums over the benchmark price for the whole world.

"There is much less motivation to store gold. According to Joseph Stefans, head of trade at the gold trading and refining company MKS PAMP SA.

It is now moving from west to east. "We're doing our best to stay up,".


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