Latest News for: Gold reserves

Edit

ALLO leaders receive Patriot Award

Lincoln Journal Star 27 Feb 2021
The outdoor ceremony was presided over by Todd Heyne, Employer Support of the Guard and Reserve (ESGR) volunteer, ALLO director and retired Navy captain ... Supportive managers and supervisors, like Sexton and Pierce, are critical to maintaining the strength and readiness of the nation’s Guard and Reserve units.”.
Edit

From Gold to Greenbacks: A Look at the US Dollar’s Devaluation, Manipulation and Militant Backing

Bitcoin 26 Feb 2021
It seems that after removing the ability to redeem gold, the Federal Reserve, U.S ... After the Bretton Woods pack started to crumble because the Fed went crazy printing money for the Korean War and the Vietnam War, a number of countries like France wanted their gold reserves sent back.
Edit

Gold set for second monthly decline

Business Day 26 Feb 2021
Spot gold was up 0.2% to $1,773.06/oz at 3.03am GMT, having earlier fallen to its lowest since February 19 at $1,764.90/oz ... The US Federal Reserve’s comment that it is not concerned with rising bond yields has added to gold’s misery, Phillip Futures said in a note, adding that the $1,760/oz level continued to be a major support for the metal.
Edit

Gold heads for second monthly fall as Treasury yields rise

Yahoo Daily News 26 Feb 2021
Gold bars are pictured on display at Korea Gold Exchange in Seoul ... gold futures fell 0.6% to $1,765.70 on Friday ... Federal Reserve's comment that it is not concerned with rising bond yields has added to gold's misery, Phillip Futures said in a note, adding that the $1,760 level continued to be a major support for the metal.
Edit

India’s foreign exchange reserves rise by $169 mn

The Siasat Daily 26 Feb 2021
India’s forex reserves comprise of foreign currency assets (FCAs), gold reserves, special drawing rights (SDRs), and the country’s reserve position with the International Monetary Fund (IMF).
Edit

Govt must make good on sum if reserves are used for investments

Straits Times 26 Feb 2021
RESERVES NOT A 'GOLD MOUNTAIN'. Mr Heng also warned that the reserves should not be treated like a "gold mountain", in responding to Non-Constituency MP Leong Mun Wai's suggestion to use 100 per cent of the returns from investing the reserves ... as a "gold mountain", said Mr Heng.
Edit

Mastercard Vice-Chair Says Bitcoin Too Volatile to be a Part of its Crypto Payment Plans

CoinGape 26 Feb 2021
Mastercard’s decision to exclude Bitcoin from its payment servicers giant is understandable as Bitcoin has grown more popular as a digital gold store of value asset. Institutions like Microstrategy and Tesla are using it as a treasury reserve asset ... of its gold holdings.
photo: AP / Abdee Mari
Rescuer workers pump water out of a collapsed gold mine as they search for victims in Parigi Moutong, Central Sulawesi, Indonesia, Thursday, Feb. 25, 2021.
Edit

Collapse at illegal gold mine in Indonesia kills at least six workers

France24 26 Feb 2021
An illegal gold mine on Indonesia’s Sulawesi island collapsed on nearly two dozen people who were working inside, killing six and leaving one worker missing, officials said Thursday.  ... Much of the processing of gold ore involves the use of highly toxic mercury and cyanide by workers using little or no protection.
Edit

Bahrain nudges Israel on Iran talks Indonesian mine cave-in's dead at 6

Arkansas Democrat-Gazette 26 Feb 2021
JAKARTA, Indonesia -- An illegal gold mine on Indonesia's Sulawesi island collapsed on nearly two dozen people who were working inside, killing six and leaving one worker missing, officials said Thursday ... Much of the processing of gold ore involves the use of highly toxic mercury and cyanide by workers using little or no protection.
Edit

Forex reserves up by USD 169 mn to USD 583.865 bn

Yahoo Daily News 26 Feb 2021
Mumbai, Feb 26 (PTI) The country's foreign exchange reserves increased by USD 169 million to USD 583.865 billion in the week ended February 19, RBI data showed ... reserves ... The gold reserves declined by USD 977 million to USD 35.25 billion in the week, the RBI data showed.
Edit

Gold loses ground, but Fed’s assurances limit fall

Business Day 25 Feb 2021
BengaluruGold eased on Thursday as US treasury yields hovered near a one-year peak, tarnishing bullion’s appeal, though a softer dollar and Federal Reserve chair Jerome Powell’s commitment to an accommodative policy limited its fall. Spot gold fell 0.5% to $1,794.67/oz by 3.24am GMT. US gold futures eased 0.1% to $1,795.80.
Edit

Gold prices fall below Rs 46,500; silver flirts with Rs 70,000

The Times of India 25 Feb 2021
Gold futures on MCX were down 0.16 per cent or Rs 74 at Rs 46,448 per 10 grams ... Gold Rates - Spot & Futures (.995 purity) ... Gold Future Price ... Gold prices edged lower on Thursday as higher US Treasury yields dented the metal's appeal, although losses were limited by a weaker dollar and Federal Reserve Chairman Jerome Powell's dovish comments.
×