Birdwatch Note Rating
2025-02-18 01:05:08 UTC - NOT_HELPFUL
Rated by Participant: 91872936C8E295A3F700F8C0B7677B61B1159029520E1614899A563CD1DA31BE
Participant Details
Original Note:
US gold prices are higher than London’s & banks that sold gold futures are now facing losses. Instead of buying back the futures contracts at a loss, they’re shifting physical gold from UK to NY. They can then fulfil their contracts without losing money and even make a profit https://qz.com/banks-gold-plane-new-york-1851762685
All Note Details