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Joe Wallace
WSJ reporter explaining the gold market and the reasons behind gold bars being flown commercially.
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Feb 26, 2025
• 18min
Why Gold Bars Are Flying Over the Atlantic
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Joe Wallace, a Wall Street Journal reporter, dives into the intriguing world of gold trading. He explains the surprising phenomenon of gold bars being flown commercially from London to New York. Wallace discusses the historical significance of London in the gold market and how recent market fluctuations are creating challenges for traders. The conversation also reveals the complexities of retrieving gold from the Bank of England, alongside strategic trading opportunities arising from price discrepancies across the Atlantic.
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