Selling gold requires a transparent liquid market with numerous buyers and sellers. London offers the most liquid market for physical gold trading, supported by robust infrastructure and security systems like biometrics, scanners, motion detectors, and 24/7 surveillance. The LBMA ensures fair trade in London's gold and silver markets.
In today's episode for 4th June 2024, we tell you why India's central bank—RBI (Reserve Bank of India) stacks up a significant amount of its gold reserves in UK vaults.
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