On January 30, two people familiar with the matter said that due to market speculation that the United States may impose gold import tariffs, the amount of gold shipped to the United States has surged, and London bullion market participants are competing to borrow gold from the Bank of England. The minimum waiting time for gold shipments from the Bank of England, which stores gold for central banks, has reached four weeks. According to reports, in the past two months, 12.20 million troy ounces of gold have been shipped to COMEX-approved warehouses, where stocks have increased by 70% to 29.80 million ounces, the highest level since August 2022.