Jan 30 (Reuters) - The London Bullion Market Association
(LBMA) said on Thursday it is liaising with CME Group ( CME )
and U.S. authorities on the significant premium of COMEX gold
to the London market.
"The US gold market has been trading at a premium to the
London market since the U.S. presidential election result in
late 2024. This happens from time to time in markets around the
world," the LBMA said.
London gold market stocks and liquidity remain strong, the
association added.
U.S. gold futures rose to an all-time high of
$2,853.20 per ounce on Thursday, trading at a more than $50
premium to London spot prices, which hit a record high of
$2,798.24 an ounce.
The CME Group ( CME ) and U.S. Commodity Futures Trading
Commission did not immediately respond to a request for comment.