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From lbma.org.uk|Feb 8, 2025As at end January 2025, the amount of gold held in London vaults was 8,535 tonnes (a 1.77% decrease on previous month), valued at $771.6 billion, which equates to approximately 682,772 gold bars. There were also 23,528 tonnes of silver (an 8.6% decrease on previous month), valued at $23.9 billion, which equates to approximately 784,282 silver bars. The ...
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From home.saxo|23 hr agoGold breached USD 3,000 per ounce today for the first time, pushing the price of a standard 400-ounce (12.4 kg) gold bar—held by central banks globally—to USD 1,200,000. This marks a stark rise from USD 110,000 in 1999, when I traded spot bullion for a hedge fund in London. Beyond reinforcing gold’s status as a long-term buy-and-hold asset, this surge ...
