Sweden Did Not Add to Gold Reserves Last Month
Reuters reported that there was no change to Sweden's gold reserves in January despite an IMF release that stated otherwise.
Reuters reported that there was no change to Sweden's gold reserves in January despite an IMF release that stated otherwise.
Reuters reported that Paulson & Co. significantly cut holdings of the SPDR Gold Trust during the fourth quarter.
Bloomberg reported that Belarus's gold reserves climbed in December.
Reuters reported on the governmental debate in Venezuela over President Chavez's plan to bring gold back into the country.
After hitting record highs of $1249 an ounce last week, gold has lost much of its May luster the past few days, dropping as low as $1174 an ounce in New York Thursday morning. While traditionally one would expect the precious metal to be trading up in such an environment, uncertainty across all markets remains high.
By Kishori Krishnan Exclusive To Gold Investing News Its a revamped third five-year pact to limit sales of European central bank gold, complete with a lowered ceiling for planned disposals, but it is seen boosting the investment case for bullion and extending its multi-year rally. The European Central Bank surprised markets last week with the [...]
By Kishori Krishnan Exclusive To Gold Investing News Gold is a safety mechanism and it is also an anti-inflation mechanism - so you get two for the price of one. “Some people will claim there’s no value to it (gold) but so what, it does what it’s supposed to do,” according to Joseph Saluzzi, co-head [...]
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