So, before we get into the assessment, I would just like to highlight what really happened. So, there was a premium arbitrage between COMEX and London, wherein market participants sold the COMEX futures and bought the London physical and to mature the COMEX future part, the London physical stocks were brought into the COMEX inventories.
Commodity Talk: MOFSL expert explains why gold’s supply tightness in UK may not impact Indian yellow metal prices materially
So, before we get into the assessment, I would just like to highlight what really happened. So, there was a premium arbitrage between COMEX and