Zhongyang Global found that the spot gold price in London was much lower than the US gold futures price on Tuesday, indicating that the market is worried that air travel restrictions and the closure of precious metal refineries will prevent gold from being shipped to the United States to meet the contract requirements. Zhongyang Global explained that the US Federal Reserve promised to implement unlimited stimulus measures on Monday, which caused the gold price to soar, but the spot market in London has begun to lag behind the price in the New York Mercantile Exchange.

If London's physical gold is needed to counter the New York Mercantile Exchange's futures contract, the 400-ounce gold bars used in London must be melted and recast into 100-ounce gold bars accepted by the New York Mercantile Exchange. This suddenly became more difficult because of the government's restrictions on the movement of people and goods and the suspension of operations of the three major metal refineries in Switzerland on Monday.