Posts Tagged ‘reserve-bank’

IMF sells 403 tons of gold

Baku - APA-ECONOMICS. The International Monetary Fund has completed the sale of 403.3 tonnes of gold, as part of its two-year efforts to bolster the lender’s finances that also saw the Reserve Bank of India purchasing 200 tonnes of the precious metal Full story

Gold Settles $5.10 Higher… ($1273.80)

Today's Session produced another all-time High trading $1279.50 for December (Globex).... The Gold market was choppy early on as investors were trying to decipher the worlds economic data Full story

Banks want to be active gold traders

Indian banks have asked the Reserve Bank of India to permit them to trade in gold in the domestic market and even hedge their requirements on futures exchanges. These suggestions were made at a meeting of the Reserve Bank of Indias standing committee on Full story

ABARE Explains How Much Australia Can Make from Selling Silver, Iron Ore and Coal

No one was really surprised. But the Reserve Bank of Australia went ahead and raised the cash rate yesterday to 4% Full story

Foreign exchange and gold reserves down

The South African Reserve Bank says foreign exchange and gold reserves have dropped to $39 489 billion at the end of January. “The change in the gold and foreign exchange reserves was mainly due to the foreign exchange operations of the Bank and Full story

SA Gold and Forex Reserves down 0.5 pct – SARB

South Africa’s gold and forex reserves have fallen by 0.5% for the second time in two months. Full story
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