https://www.bullionstar.com/blogs/koos-jansen/its-virtually-impossible-to-get-physical-gold-in-london/
The cost of borrowing physical gold in London has risen sharply in recent weeks.
That has been driven by dealers needing gold to deliver to refineries
in Switzerland before it is melted down and sent to places such as India, according to market participants.
“[The rise] does indicate there is physical tightness in the market for gold for immediate delivery,” said Jon Butler, analyst at Mitsubishi.
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