| Barclays, winding down its physical bullion business in the face of tough market conditions, will do well to find a buyer for its interest in a gold vault near London, market participants said. The vault, at an unknown location, was designed and built by global logistics and security company Brinks, which was said to have leased it to Barclays.
Barclays would not comment, while Brinks was not available. One senior market source said Barclays will likely simply wind down the contract with Brinks and write down the business as a loss...............................................Full Article: Source
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