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Gold prices on Tuesday touched their lowest levels of the month so far, as concerns tied to the Middle East conflict failed to drive safe-haven demand for the precious metal. "Investors should view ...
Global holdings of the precious metal have neared highs reached more than half a century ago. It is now the second-largest ...
These tradeoffs raise this question: Why do the world's largest financial institutions value gold so much? Below, three experts who track central bank activity reveal the reasoning and offer ...
Eventually other media will start writing about these huge purchases as well. Sooner or later, the truth will come out.
Instead, the bank provides several sophisticated gold investment alternatives: For those specifically seeking to buy gold ...
Record-high purchases and a blistering rally in prices has seen gold overtake the euro as the second-largest asset in the ...
Historical patterns suggest that central bank actions can significantly ... there could be a greater need to buy even more gold." ...
Elaborating on the above, the PBoC has made it overtly clear what they did in September: buy 60 tonnes of gold from bullion banks operating in the London Bullion Market.
“Furthermore, it was announced over the weekend that the Chinese central bank (PBoC) bought Gold again in November for the first time after a break of six months. According to a PBoC ...
The People's Bank of China (PBoC ... “This is because the PBoC's decision not to buy Gold from domestic mine producers means that this Gold is now available to private households.” ...
KIGALI (Reuters) -Rwanda's central bank kept its policy rate unchanged at 6.5% in a decision announced on Thursday and said it planned to start buying gold for its international reserves.