[PowerElectronix]

Or like france did. Sell in the US, buy in london with delivery to your european vault of choice.

[forkerenok]

If they don't want to push down the prices with excess supply, they'd have to sell very slowly. Like France did.

[SturgeonsLaw]

If they're buying the same amount elsewhere then the buy pressure equals the sell pressure, might make an arb opportunity across the currencies

[JumpCrisscross]

> the buy pressure equals the sell pressure, might make an arb opportunity across the currencies

The arb means you’re still suffering a price difference. You’re just paying “the market” to solve it for you.

[pjc50]

Yes, you're paying arbitrage instead of shipping fees. Which is not unreasonable for commodity markets with different settlement locations.

[IshKebab]

Yeah and in theory they should be equal.

[JumpCrisscross]

> in theory they should be equal

Related. Not equal.

[__turbobrew__]

I can see that gold settled in London is worth more than gold settled in NYC given trust in both nations right now.

[Zigurd]

Compared with the logistics of moving that much gold safely, "moving" it by selling it and buying the equivalent in less fraught location need not be that much slower.

[samus]

Would buying and then selling work? Or is the market simply not liquid enough for such a strategy?