Shanghai Gold Price Premium Soars to Near $50 Over London Price.

2 years ago
271

#gold #shanghai #london #lbma #comex #bullion #centralbanks #silver

Video Chapters:

00:00 Introduction
01:05 Government bond markets showing signs of cracking
06:41 The Shanghai Gold premium and what it means
15:46 What happened to gold prices in 2019
17:09 Market update
24:30 Conclusion

Today we will look to revisit the topic of the flow of physical gold from West to East.

We will refer to a recent Bloomberg article about the soaring premiums for physical gold in Shanghai compared to the international price in London.

Bloomberg article: https://archive.ph/zJ9f3

My video from September 6th about Shanghai Premium: Shanghai Gold Premium Is Draining Bullion From West to East.: https://youtu.be/FkgtYjGAiBg

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