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4 results for “loco London” in Markets
Markets · 2 August 2026
Who Actually Sets the Gold Price
There is no single gold price. There is a London settlement number, a New York futures curve, a Shanghai premium and a jeweller's counter in Dubai — and the distance between them is where the market lives. · The headline gold price…
Ingrid Sørensen · 15 min read
Markets · 20 June 2026
Bring It Home: Central Banks and the Great Gold Repatriation
…and during the Cold War it was safer outside the likely path of an invasion. · What does 'loco London' mean? It designates gold held in accredited London vaults, the default location for wholesale settlement. A loco London price is a price for metal deliverable there, which is wh…
Ingrid Sørensen · 13 min read
Markets · 8 August 2026
Moving Bullion: The Logistics Nobody Prices
…ehouses and insurance clauses. It rarely makes news, and it is the reason a spot price in London can diverge from a bar in New York. · Allocated custody means specific numbered bars belong to you; unallocated means you are a creditor of the bank, and the difference only becomes v…
Ingrid Sørensen · 17 min read
Markets · 6 August 2026
Why Central Banks Started Buying Gold Again
…oduction offtake — the mine sells to the central bank rather than exporting, often at the London benchmark less a small discount. Over-the-counter accumulation — small, irregular tranches through bullion banks, deliberately sized not to move the fix. Official-sector transfers — d…
Ingrid Sørensen · 17 min read
