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Global holdings of the precious metal have neared highs reached more than half a century ago. It is now the second-largest ...
The euro lost its position as 2nd-largest reserve asset, replaced by gold. Central banks' purchases drove gold price surge & ...
A ‘short squeeze’ in gold is a stock market phenomenon that occurs when many market participants speculate on falling gold prices (i.e. have gone short), but the price of gold suddenly rises, leading ...
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any ...
Fabio Panetta, the Governor of the Bank of Italy and a former European Central Bank (ECB) official, has stated that Europe’s crypto stability depends on a central bank digital currency (CBDC) and not ...
It was the eighth rate cut in the past year, extending the bank’s divergence from the Federal Reserve, which has held rates ...
The European Central Bank on Thursday offered no surprises as it cut interest rates for the eighth time in a year — further ...
European Union officials gave the green light Wednesday for Bulgaria to become the 21st member of the euro currency union,, a ...
The European Central Bank on Thursday announced a 25-basis-point interest rate trim and lowered its inflation expectations on the back of a stronger euro and lower energy costs.