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Central bank purchases in November 2023 continued to be dominated by banks who have been regular buyers so far this year. Major buyers were all from emerging markets. The Central Bank of Turkey added the most gold during the month (25t), followed by the National Bank of Poland and the People’s Ba...

China topped up its gold holdings for a 12th straight month in October, adding to a wave of purchases by global central banks that’s lent support to bullion prices.

Increasingly, countries are beginning to openly express their intentions to strategically explore using gold as a medium of exchange in the coming years. The Malaysian government is now considering using the gold dinar as a reserve currency to reduce dependence on the US dollar.

The reshaping of the world economy and the global order is in full swing. There are powerful factors, such as the shift in economic, demographic and military weight, that are driving the readjustment in the (geo)political arena. And this readjustment is also reflected in the change in gold flows.

IMF data shows gold reserves at the Central Bank of Russia rose by 3 tonnes (≈ 100,000 oz) in August. This means that its gold reserves are back to where they were at the start of the year - 2,333 tonnes.

China added to its gold reserves for a 10th straight month, extending a push to bolster its hefty stockpile as it tries to diversify away from the US dollar.

After months of debate about various currency and commodity baskets, a Russia- and China-led consortium has apparently settled on using gold as the basis of a planned new international currency system separate from the US dollar and euro.

China raised its gold reserves for a ninth straight month in July. Bullion held by the People’s Bank of China rose by 740,000 troy ounces, the central bank said on Monday.

On Friday, the Russian state-controlled channel RT confirmed that Brazil, Russia, India, China and South Africa, also known as the BRICS countries, will introduce a new trading currency backed by gold.

According to Zoltan Pozsar, we are facing a multipolar world in which the dollar's status as reserve currency will be challenged by the renminbi and the euro. Gold is likely to play a major role in the new world monetary order.

The BRICS+ countries will announce the creation of a new currency at its annual leaders’ summit conference on August 22–24. It appears likely that the new BRICS+ currency will be linked to a weight of gold. This will be the biggest upheaval in international finance since 1971. It’s taking direct...

In an unabated buying spree, China has continued to expand its gold reserves for a seventh consecutive month, reinforcing the sustained global demand for the precious metal among central banks.

Following a historical high level of central bank gold buying, gold continues to be viewed favourably by central banks. 24% of central banks intend to increase their holding reserves in the next 12 months.

China's gold reserves rose by 8.09 tonnes to 2,076.47 tonnes at the end of April, marking the sixth consecutive monthly increase in gold holdings.

The Reserve Bank of Zimbabwe (RBZ) is set to introduce a gold-backed digital currency to be used as legal tender for transacting in the country as part of interventions to stabilise the local currency.

Economic and (geo)political developments in recent weeks and months have indeed been exciting. In many areas, it looks as if we are heading for a showdown, for a lasting, formative change. The following five charts present the multi-faceted showdowns that are happening right now before our eyes.

China’s February net gold imports via Hong Kong nearly tripled from the previous month, surging on the back of a rebound in demand post Lunar New Year celebrations and a drop in bullion prices through the month.

The former head of the JPMorgan Chase & Co. precious-metals business and his top gold trader should get multiyear prison terms after they were convicted of spoofing the market for years, the US government said in a court filing.

A powerful endorsement for gold as money came this week from a member of the Executive Board of Germany's Bundesbank, Joachim Wuermeling, who spoke at the press conference in Frankfurt presenting the Bundesbank's annual report for 2022.