Janet Yellen: "Cash Is Not A Very Convenient Store Of Value"
Janet Yellen admitted that "cash in not a very convenient store of value"
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Janet Yellen admitted that "cash in not a very convenient store of value"
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The explored reserves of gold, diamonds and zinc will be enough for 20 years of extraction, according media reports citing a Goldman Sachs research.
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Chris Powell (GATA) explains why global central banks are intervening in the gold market.
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Finance Minister Arun Jaitley has announced schemes to curb gold imports and monetise large idle stocks of the precious metal.
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From 20th March 2015 the historic London Gold Fix will be discontinued and replaced by the LBMA Gold Price.
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France, Germany and Italy have all agreed to follow Britain’s lead and join the Asian Infrastructure Investment Bank (AIIB)
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The US divisions of Deutsche Bank, the Germany's biggest bank, failed a crucial stress test on Wednesday. Deutsche Bank is the bank with the most exposure to derivatives in the world...
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The billboard was from the Bank of China. It said: “RMB: New Choice; The World Currency”
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U.S. officials are investigating at least 10 major banks for possible rigging of precious-metals markets
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Alan Greenspan thinks something big is going to happen that we can’t get out of this era of money printing without some repercussions – and pretty severe ones – that gold will benefit from.
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The Reserve Bank of India (RBI) today lifted the ban on imports of gold coins and medallions by banks and trading houses.
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The new LBMA Gold Price, which replaces the long established London Gold Fix, will be launched on 20 March, 2015.
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India is likely to cut its import tax on gold before the end of February to 2% from the current level of 10%
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Seeking continued diversification away from the US dollar, central banks absorbed 477.2t of gold in 2014, 17% above 2013’s impressive 409 tonnes, according to World Gold Council.
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The replacement for the near-century-old London gold fix will start in March, with the hope of attracting at least 11 members, including Chinese banks for the first time
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Belgium is planning to retrieve 200 metric tons of gold, deposited to United Kingdom storage in the 1930s.
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The mystery deepens: dutch central bank denies reports it bought gold for the first time in 17 years
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The German central bank or Bundesbank said on Monday that it stepped up the repatriation of its gold reserves from overseas storage last year.
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Swiss National Bank discontinues minimum exchange rate and lowers interest rate to –0.75%
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Moments ago, as if to deter further speculation that Russia is indeed converting hard money earned from real resources for fiat paper, the Russian monetary authority made it quite clear, that at least in November, Russia not only did not sell any gold, but in fact bought another 600K ounces in th...
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