> Because in order to fulfill the delivery they will have to repurchase the gold, creating huge demand. this is what happening now, gold price keeps rising as

> Because in order to fulfill the delivery they will have to repurchase the gold, creating huge demand. this is what happening now, gold price keeps rising as for the reason behind gold price is higher in NY, there're many theories and we can not know the truth untill it passed theories: 1. Most paper gold transactions take place in New York, when a short squeeze mentioned occurs, it can cause New York prices to react before London prices 2. some players are draining physical gold from london(world market de facto) by pricing gold higher