A recent report by the European Central Bank reveals that gold has overtaken the Euro as the second-highest foreign exchange reserve asset for the central banks. Well, this should not shock any of us. Gold has drawn a lot of attention from central banks in the past many years. It was only a matter of
Photographer: Milan Jaros/Bloomberg © 2025 Bloomberg Finance LP Some 95% of respondents to a World Gold Council (WGC) survey expect central banks’ gold reserves to increase over the next 12 months, according to an organisation report. Expectations have steadily risen in recent years, the council’s research shows. The figure stood at 81% last year, 71%
Gains in silver prices have not matched gold’s dizzying rally.Ravitaliy/Getty Images Gains in silver prices are unlikely to catch up to the gold rally, Goldman Sachs analysts wrote. Central banks’ gold demand has driven the gold-silver price ratio out of its historical range since 2022. Economic uncertainty is fuelling a gold rally. Meanwhile, silver prices
(Reuters) -Asian bonds attracted the largest monthly foreign inflows in seven months in March, driven by hopes of rate cuts from regional central banks and their appeal as a haven as global assets were hit on worries over U.S. tariffs and a recession. Foreigners purchased a net $7.16 billion worth of regional bonds during the
Gold prices have reached historic highs both internationally and in India, reflecting investors’ flight to safety amid mounting global economic uncertainties. In India, the price of 24-karat gold soared to Rs 93,390 per 10 grams, while 22-karat gold was priced at Rs 85,610 per 10 grams. Globally, spot gold exceeded the $3,200 per ounce threshold
Gold has risen nearly 40% over the past 12 months, more than double the S&P 500’s SPY 19% gain. The precious metal is climbing due to uncertainty surrounding trade wars and tariffs, as well as massive purchases by global central banks. Continued volatility in the stock market has also led many investors to seek the
“So, what we have now is actually still a lot of outstanding contracts which cannot deliver or they cannot deliver the right place and the first part which I made that gold is money under Basel III, it has as well a currency ticker,” says Juerg Kiener, MD & CEO, Swiss Asia Capital. Help us
In this presentation, Jeffrey Christian of CPM Group discusses the relationship between central banks and their gold reserves. He reviews the historical context of central banks’ gold accumulation, from the post-World War II era to the present day, and discusses the shifting roles of gold as a monetary asset. Jeff explains why gold, despite losing
Aug 22 (Reuters) – U.S. companies increased borrowing to finance equipment investments by 13% in July compared with the previous year, the Equipment Leasing and Finance Association said on Thursday. New loans, leases and lines of credit signed up by companies in July were up 11% from $10 billion a month earlier. “Our latest report
Gold prices are off their highs from earlier today and last week as investors factor in some new important ingredients into their trading decisions. Background Gold prices closed in positive territory last week, as the shining metal recorded some really solid gains and closed above the important level of 2,500. Now, traders are asking themselves