Hints and tips:
Related Special Reports
...The People’s Bank of China led record gold purchases by central banks in 2022 and 2023, collectively buying above 1,000 tonnes each year, as emerging markets sought to diversify their reserve holdings away...
...US central bank’s target....
...central bank’s reserves of bullion....
...The Reserve Bank of Zimbabwe has just over one tonne in gold in its own vaults and 1.5 tonnes held offshore, along with a smattering of other foreign currency reserves....
...Gold prices have surged to a record high on growing expectations of US interest rate cuts added to months of prodigious buying of the safe haven asset by central banks and Chinese investors....
...the central bank’s target....
...Gold was up about 0.2 per cent around midday in New York, $4 shy from its record. Read more here...
...In addition, central banks have mopped up a further $155bn of gold as the likes of the People’s Bank of China have increasingly favoured the metal for their foreign exchange reserves....
...As a recent report by Currency Research Associates noted, “China buying gold and selling Treasuries mirrors how Europe’s central banks began to redeem dollars for gold in the late 1960s as the Bretton Woods...
...“Chinese speculators have really grabbed gold by the throat,” said one observer. Take a break from the news Walton Ford is our finest living painter of animals, writes Ariella Budick....
...StanChart’s Cooper highlighted strong retail and central bank demand outside of the west, as well as the gold price’s jubilant reaction to marginal news supporting US rate cuts and its ability to hold up...
...The price of gold has surged to a record high, driven by growing expectations of US interest rate cuts, investors hunting for haven assets and months of prodigious buying by central banks and Chinese investors...
...Grab your popcorn, the European Central Bank’s gone studs-up on the Securities & Exchange Commission....
...Deutsche Bank: ‘this is good for bitcoin! Aargh!!!!’...
...Together with “blistering” demand from central banks, according to the WGC, Chinese demand helped push the gold price to record highs last month and keep it above $2,000 per troy ounce this year....
...Hong Kong has passed a tough security law after fast-tracking it through the legislature....
...The Bank of England has recently made some optimistic comments, though it said it can’t rule out another global shock that keeps inflation high....
...BMO’s Hamilton said gold was in a “new era”, having broken its correlation with real rates and instead being driven by central banks and Chinese household asset allocation....
...It brought a case in New York, which resulted in Supreme Court Justice Ferdinand Pecora agreeing to the seizure of $64,050,641 of French gold as a security for the Polish claim....
...The report also forecasts that tensions in the Middle East will push up the cost of gold — seen as a haven in times of conflict — and oil....
...“It doesn’t necessarily lend itself to the kind of gold rush we had with the earlier wave of Somali piracy,” he said....
...The Delaware-registered lifestyle brand offered “solid gold”, sometimes bejewelled, cards to clients....
...De Montessus said that he instructed a creditor in 2021 to offset a sum owed to Endeavour to pay for essential security equipment to protect its partners and employees in a conflict zone....
...These securities are essentially an entitlement to the cash flows from a small store’s repayments....
...De Montessus instructed Allied Gold to make the payment to the third party, the investigation found....
International Edition