Most central banks’ largest percentage of reserves are US dollars, which usually come in the form of US Treasury bonds. It would make sense for some of the central banks, especially China, to decide to depend less on the...
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Most central banks’ largest percentage of reserves are US dollars, which usually come in the form of US Treasury bonds. It would make sense for some of the central banks, especially China, to decide to depend less on the...
A joint venture created by a new partnership between the Democratic Republic of Congo (DRC) and the United Arab Emirates (UAE) with a view to ending the illicit movement of precious metals from the DRC has just made its...
The point I wanted to make: It is all about belief. If everyone agrees something is money, it is indeed money. One particularly engaged child interrupted me just as I was getting going on the rai stones of Yap...
Copper is what is used to move electricity or electrical signals from a source to a destination. And so it plays a very crucial role in electric vehicles which are powered purely by electricity.
Some financial institutions are offering ‘gold loans’ to business owners and individuals in lieu of their gold assets. Because of the collateral involved, these gold loans come at lower interest rates than the typical bank loans – and that...
The gold market is seeing a strong rally during the first month of the year, driven by the changing macro outlook, geopolitical tensions, and increased demand. And more analysts are looking into central bank purchases for the reasons why.
According to WGC, the US became the largest market for Indian gold jewellery due to additional tariffs on Chinese jewellery to the US, which made the Indian exporters more competitive.
UAE exports-imports on track to still grow at 4% in 2023, says HSBC’s trade chief. Dubai: Global trade flows and supply chains have just bout managed to emerge from the long shadow of the Covid crisis. Even now, key commodities...
Gold and cryptocurrencies have sometimes been seen as competing for investor attention … Of course, both crypto and gold can be a means of payment, a store of value and either is 'no-man's' liability," Widmer noted. "With the world...