News

India's foreign exchange reserves witnessed a substantial increase of $5.17 billion, reaching $696.65 billion for the week ...
Global holdings of the precious metal have neared highs reached more than half a century ago. It is now the second-largest ...
Central banks have built up their gold stores in response to geopolitical tensions, inflation and concerns about the shifting ...
(SPMCIL) in Nasik and Dewas, while the other two are managed by Bharatiya Reserve Bank Note Mudran Pvt ... These chests function as storage and distribution centres on behalf of the RBI.
Gold's appeal ... by central bank. Gold's appeal to central banks is attributed to its physical properties, making it more suitable for reserve management. Gold is scarcer, more valuable per ounce, ...
Strategists at the bank argue that central bank gold purchases ... making it more suitable for storage and transport. In contrast, silver is “more volatile, and less liquid — characteristics that ...
WASHINGTON April 25, 2025 – The World Bank announced the Reserve Bank of Zimbabwe (RBZ) as the latest member of the Reserve Advisory & Management Partnership (RAMP). RBZ joins RAMP through a World ...
China will allow certain products traded on the Shanghai Gold Exchange to be delivered overseas by establishing storage facilities ... on Monday by the People’s Bank of China, the National ...
central banks across the world have been on a gold buying spree. The Reserve Bank is in the forefront as the second largest buyer of the yellow metal, snapping up 2.8 tonnes in January and ...
A growing number of German politicians, particularly from the center-right Christian Democratic Union (CDU), are now openly expressing unease about the continued storage of ... 122.5 tonnes of gold ...