Gold reserves in London vaults rise in March, says LBMA

From kitco.com

The London Bullion Market Association (LBMA) said on Monday that gold held in London vaults totalled 8,488 metric tons at the end of March, up 0.1% from the previous month, as outflows from London to New York slowed down after dislocation. The most active Comex gold futures’ premium over London spot prices narrowed last week after Washington excluded the precious metal from broader US import tariffs. Market players had increased gold deliveries to the US to cover their Comex positions against the possibility of Washington imposing tariffs on imports of the metal in December-March. Comex gold stocks are at record ... (full story)