Gold Stocks
Gold stocks with London bullion mkt body, BoE up 0.7% MoM at 8,598 tn in May
This story was originally published at 12:47 IST on 9 June 2025
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MUMBAI – Gold stocks held in the London Bullion Market Association's commercial vaults, and by the Bank of England rose 62 tonnes or 0.7% on month to 8,598 tonnes at the end of May, the association said Monday. The value of the gold held was $906 billion, equal to around 687,820 gold bars, it said.
Silver stocks held in the association's vaults rose by 508 tonnes, or 2.2% on month, to 23,367 tonnes. The value of the silver held was $18.5 billion, equal to around 778,894 silver bars. Bank of England does not hold any silver, it said.
Both gold and silver stocks in London continue the upward trend, it noted. End
US$1 = INR 85.55
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Abhijit Doshi
Edited by Nishant Maher
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