News Articles

As per the information passed to the parliament, Gold import in volume terms has increased by 22.43 per cent to 955.16 tons during the fiscal year 2017-18 . . . .

The first-ever industrial public-private partnership investment project undertaken by partners from all BRICS member states has been pioneered in the gold mining sector against the backdrop of the BRICS Summit held in Johannesburg, South Africa . . . .

Russia‘s U.S. dollar reserves have shrunk from $96.1 billion in March to just $14.9 billion in May, according to the Russian Central Bank . . . .

In this article I point to the pressures on the Fed to moderate monetary policy, but that will only affect the timing of the next cyclical credit crisis . . . .

The case for China raising its gold holdings seems compelling . . . .

One of my buddies likes to bug me about my gold views . . . .

Gold flows from West to East seem to be holding up well, at least as far as imports into Greater China from Switzerland are concerned . . . .

In June Russia added a further 500,000 ounces (15.6 tonnes) of gold into its forex reserves bringing them to a total of 62.5 million ounces (1,944 tonnes) so heading for a year-end total of over 2,000 tonnes . . . .

Last week Donald Trump broke the theoretical “Chinese Wall” that is supposed to exist between the Government and the Fed when he offered a stunning rebuke of the Fed’s current policy to continue raising interest rates . . . .

Russia has left the list of 33 largest holders of US government bonds, after the country disposed of at least a third of remaining bonds, a message from the US Treasury said . . . .