Posts Tagged ‘central-bank’

Gold's best chance for success should occur when the European debt drama has been aggressively dealt with by Europe's central bank and political leaders - Clif Droke says. Full story

Ninety percent of the Netherlands’ gold reserves are held overseas in. Much of the gold is in vaults in New York in the United States, say newspaper. The news was confirmed by the president of the Dutch central bank DNB Klaas Knot in a television... Full story

Turkish central bank increased its gold reserves to 5.758 million ounces in November Europe’s largest gold producer Turkey’s gold reserves climbed last month after its central bank bouught 1.328 million troy ounces of gold. According to data from the... Full story

Gold fell on Thursday after the head of the European Central Bank played down expectations that the central bank would dramatically increase the measures it is using to fight the debt crisis, thereby undermining the euro. The ECB delivered a... Full story

Latin American Herald Tribune reports Venezuela’s first shipment of 160 – 180 tonnes of gold held abroad was received at Maiquetia International Airport outside Caracas on Friday night. Full story

Latin American Herald Tribune reports Venezuela’s first shipment of 160 – 180 tonnes of gold held abroad was received at Maiquetia International Airport outside Caracas on Friday night. Full story

The parabolic rise in central bank and investment demand is driving the  Gold  Bull Market and it will likely continue well into 2013 and could push the Gold price to 3000 oz and higher. Full story

Gold rose Friday nearly 2 percent after the head of the U.S. central bank, in a closely analyzed speech, declined to signal more money printing as a way energize the moribund U.S. economy. Full story

The central bank said Friday it will begin to offer gold-backed loans for up to 90-days at a rate of 7% in a bid to guard against further liquidity crunches Russia's central bank will offer gold-backed loans for up to 90 days at an interest rate of 7 Full story

After Gold skyrocketed in domestic markets, Vietnam on Tuesday allowed private companies to 5 tons of gold to help stabilise domestic markets and supplement local supply. Full story