> This has nothing to do with BRICS The things happening in the gold market might be related to the largest players in the gold market. It seems too early to r

> This has nothing to do with BRICS The things happening in the gold market might be related to the largest players in the gold market. It seems too early to rule that out. We don't know exactly what is happening here. > Canada I very much doubt that tariffs on Canada are a factor in the UK->US movements; it'd need to be a tariff on gold specifically. If the tariff is on Canadian gold, why would they need to slip English vaulted gold (presumably of all sorts of origins) in before the tariff barrier comes down? It'd be more sensible to wait until the tariffs are a known quantity and fly the gold in on demand. The market price does that sort of logic on autopilot. If the price differential is enough to have European gold re-vaulted the market has to foresee something bigger than a Canadian tariff. Otherwise the price differential would be just enough to justify moving Canadian gold in early, but not enough to justify flying gold over the Atlantic.