Gold bars worth billions fly from London to New York

Why banks are flying gold bars on commercial flights from London to NYC
Banks are flying gold bars from London to New York City on commercial jets to address a market disparity brought on by economic uncertainty surrounding President Trump's tariff plans.
US: Gold bars worth billions fly from London to New York
United Kingdom, United States - Recent A significant amount of gold bars are being transported from London to New York City, triggered by concerns over the potential tariff hike U.S. President Donald Trump could impose against Europe.
Why are banks flying out gold from London to New York?
The US bank JPMorgan and the UK’s HSBC are reportedly shifting gold bars from London to New York. About 8,000 gold bars are estimated to have been removed from the Bank of England’s vaults over the past few months.
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