600 tons of gold transfer to the United States: Is the Third World War coming? 'Not safe if not in the pocket'
The US financial center was transferred to New York in the last three months. So what's behind this movement? What effects can this great change in the gold market have on global economy and world security? Here are the details ...
The rising value of gold and the US move
Gold, known as a safe harbor in recent years, continues to maintain its value, while its interest in the US has increased. Especially gold transfers to the financial center in New York draws attention. Since December 2024, about 600 tons of gold has moved to New York Cases. This stands out as an important development in the global gold market. So, why does the gold flow to New York?
US Customs Tariff Policy
Behind these developments, US President Donald Trump's plan to bring high customs tariffs for gold imports from Canada and Mexico. These statements led to mobility in the gold market. US investors have started to increase their gold stocks before new tariffs entered into force. According to finance experts, this may also affect gold prices.
What's behind the gold transfer?
According to the World Golden Council, the reasons for these large -scale gold shipments from London include new US customs duties as well as international economic uncertainties. Speaking to CNBC, the World Gold Council market strategist John Reade said, “Such a large amount of gold is not normally kept in New York. Such big transfers are made in extraordinary situations, ”he said.
Economist Bayram: 'Gold as a safe port'
Muhammet Bayram, a sworn financial advisor and economist, said that there is a major change of power balance in the world. Bayram stressed that the British-American partnership was shaken with British Brexit from the European Union and China gained strength. He said that gold will continue to stand out as a safe investment tool in the US competition with China. In addition, he drew attention to the importance of gold and precious metals by saying, ı If your money is not in your own pocket, you are not safe ”.
What do the markets say?
Following gold transfers, gold prices in the global market were opened to fluctuations. While investors turn to gold what they see as a safe harbor, it is still unclear whether New York will become a gold storage center. This mobility leads to speculation as to whether the US has developed a new gold strategy or is only a short -term measure.
Source: Cumha - Cumhur News Agency
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