BriefTea
Every story in sixty words
Get the free app no ads · no paywallExplained in plain English
'Readily tradable' gold refers to its ease of being bought or sold quickly without significantly affecting its price. London is a major global financial hub with established gold markets and secure vaults, making it an ideal location for central banks to store reserves they might need to liquidate swiftly in a crisis.
Stories that explain this
Dutch central bank shifts 86 tonnes of gold to London for crisis preparednessRelated explainers
Why is gold valuable? Why move gold now? What is a central bank? How gold affects your savings Gold as an investment Why gold is a global safe haven Why gold loses its shine Why gold matters to youThe full catalogue
Browse every card filed under T →We would like to count visits and see which links bring readers here. That means storing a random ID in your browser. No cookies, no ads, no profile. How it works.