JPMorgan Plans $4 Billion US Gold Delivery Amid Tariff Fears.

التفاصيل البيبلوغرافية
العنوان: JPMorgan Plans $4 Billion US Gold Delivery Amid Tariff Fears.
المؤلفون: Ryan, Jack (AUTHOR), Farchy, Jack (AUTHOR)
المصدر: Bloomberg.com. 1/31/2025, pN.PAG-N.PAG. 1p.
مصطلحات موضوعية: *FUTURES, *GOLD futures, *PRECIOUS metals, *SHORT selling (Securities), GOLD sales & prices
الشركة/الكيان: J.P. Morgan Chase & Co.
مستخلص: JPMorgan Chase & Co. plans to deliver over $4 billion worth of gold bullion against futures contracts in New York in February, amidst rising prices and concerns about import tariffs. The bank, a major bullion dealer, is part of a trend where institutions are delivering bullion against contracts on CME Group's Comex. The surge in gold futures prices on Comex compared to spot prices in London has created an arbitrage opportunity, leading to increased deliveries of gold and even silver into the US. [Extracted from the article]
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قاعدة البيانات: Business Source Index