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Central banks added a net 12t to global gold reserves in April, the second consecutive month of slower accumulation. The National Bank of Poland remains the leading buyer, both in April and year ...
Thieves struck rich by decamping with 59 kg of gold from the Mangoli branch of Canara Bank here recently, a senior police officer said on Monday.
As per the data of the World Gold Council, the net purchases of central banks, which stood between 255 tonnes and 650 tonnes between 2019 and 2021, more than doubled in the next three years.
Front-month gold futures settle up 0.7% to $3,373.50 a troy ounce, making it the second session out of the past three that gold has finished higher. ( [email protected] ) Comex Gold Settles 0. ...
The story so far:On April 9, the Reserve Bank of India (RBI) released draft directions on loans against gold collateral with the objective to harmonise the regulatory framework across regulated ...
Bank of America is eyeballing $4,000 gold and $40 silver by the end of the year or early 2026. Last October, the big bank projected $3,000 in 2025. BoA analysts said trade-induced geopolitical ...
The Reserve Bank is all set to raise the loan-to-value (LTV) ratio for lending against gold to 85 per cent for loans under Rs 2.5 lakh from the present 75 per cent, Governor Sanjay Malhotra announced ...
Central banks across the globe are on a historic gold-buying spree, and it's not just about market timing—it’s about preparing for a more uncertain world. Chakravarthy V, a wealth advisor ...
led by significant gold ETF inflows, with holdings increasing by 226 tonnes to 3,445 tonnes. Central banks added 244 tonnes, while India's ETF holdings also rose by 11%, despite a decline in ...
China’s central bank expanded its gold reserves for a seventh straight month in May, furthering its bid to diversify holdings despite ongoing price fluctuations. The People’s Bank of China ...
If you’re like most investors, your first encounter with a bank took place in your own home — with a piggy bank ... which could offer hidden gold, especially when banks have favorable ...
Consumers can exchange coins for cash at banks, credit unions ... The most valuable U.S. coin ever, a $20 gold piece, a 1933 "Double Eagle" coin, sold for $18.9 million at auction in 2021.