African banks set up shop in China as Beijing pushes for yuan to ...
Feb 1, 2021 · By Jevans Nyabiage South China Morning Post, Hong Kong Saturday, December 7, 2024. Africa's top lenders are opening branches in major Chinese cities in a race to tap into growing trade ties between China and Africa amid Beijing's push for yuan-based transactions.
El Salvador's president proposes ending country's ban on metals …
Nov 27, 2024 · From the Associated Press Wednesday, November 27, 2024. SAN SALVADOR, El Salvador -- El Salvador President Nayib Bukele on Wednesday proclaimed himself in favor of mining gold in the Central America country and called his nation's 7-year-old ban on metals mining "absurd," immediately putting in jeopardy the historic prohibition.
GATA - Gold Anti-Trust Action Committee | Exposing the long …
By Shreya Nandi Business Standard, New Delhi Wednesday, January 8, 2025. The central government has revised downward the gold import data for November to $9.8 billion, a sharp reduction from the earlier announced figure of $14.8 billion, according to data from the Directorate General of Commercial Intelligence and Statistics (DGCI&S) released today.
Gold could become dollar's main competitor, Russian oil exec says
Dec 5, 2024 · From Tass, Moscow Thursday, December 5, 2024. RAS AL-KHAIMAH, United Arab Emirates -- Continued restrictions on dollar settlements in world trade will increase the opportunities for using national currencies and developing new universal instruments and gold can again become the dollar's main competitor in global trade, Rosneft CEO Igor Sechin said at the Verona Eurasian Economic Forum.
Jan Nieuwenhuijs: Repatriated gold reaches historic highs
Dec 5, 2024 · By Jan Nieuwenhuijs Money Metals Exchange, Eagle, Idaho Thursday, December 5, 2024. The share of global official gold reserves NOT stored at the Federal Reserve Bank of New York and Bank of England in London has reached 78% in 2024, from 51% in 1972.
Rouble rebounds past 100 vs. dollar after Putin's gas payments …
Feb 1, 2021 · By Gleb Bryanski and Elena Fabrichnaya Reuters Fridqy, December 6, 2024. MOSCOW -- The Russian rouble rebounded past 100 to the U.S. dollar, trading at 99.50 on Friday, after a decree by President Vladimir Putin which opened new payment options for European buyers of Russian gas, allowing foreign currency flows to resume.
Chinese central bank resumes reporting gold purchases
Dec 7, 2024 · China's gold holdings rose to 72.96 million fine troy ounces at the end of November, up from 72.80 million troy ounces a month earlier. ... "The resumption will send a signal that the PBOC has grown accustomed to these record high price levels and is prepared to build reserves regardless," said Ole Hansen, head of commodity strategy at Saxo Bank.
Ed Steer's weekend letter posted in the clear at SilverSeek
Dec 9, 2024 · Support GATA by purchasing Stuart Englert's "Rigged" "Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it.
From the New Orleans Investment Conference: The future of money
Dec 3, 2024 · By Brien Lundin Gold Newsletter/Golden Opportunities New Orleans Investment Conference Metairie, Louisiana Thursday, December 5, 2024. This year's 50th anniversary New Orleans Conference was packed full of highlights, but …
CME to offer 1-ounce gold futures to divert retail demand from …
Dec 3, 2024 · CME to Offer 1-Ounce Gold Futures to Meet Surging Demand From Retail Traders. By Yvonne Yue Li Bloomberg News via Yahoo News, Sunnyvale, California