Charter flights now insured to ship gold to ease supply logjam – LBMA

Insurance firms have started covering charter flights to carry gold, helping to ease logjams in the bullion supply chain that caused prices to diverge sharply in different markets, the London Bullion Market Association (LBMA) said on Thursday.

Gold is usually moved between countries in the holds of passenger planes but most flights around the world have been grounded by measures to control the spread of the coronavirus.