The bank's reported intervention via gold leasing this week was a proclamation that the bank and probably the Federal Reserve and U.S. Treasury are still engaged in gold price suppression.

A surge in gold shipments to the US has led to a shortage in London, according to reports. Traders have amassed an almost £66bn stockpile in New York in recent weeks amid concerns over tariffs by the Donald Trump administration, the Financial Times reports.

The report quotes a source close to the MP behind the bill, Kim Leadbeater, who says MPs were "looking carefully" at possible amendments to it. It notes that opponents consider the judge's decision a "key safeguarding element" of the bill, which affects England and Wales.