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Will Basel III Boost Gold and Silver Prices?

Will Basel III Boost Gold and Silver Prices?

Published by Goldbroker ™ | Jun 2, 2021 | 9094

With the Basel III accord, the most important change for precious metals is that banks would be required to hold reserves against their assets. Under the coming regulations, banks would count unallocated precious metals at 85 percent of their value on the bank’s books in making the determination...

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