Browsing Tag
Central Bank
18 posts
Banks Choose Gold Over Bitcoin & USD—Here’s Why
The demand for gold is steadily rising, as global banks continue to stockpile gold in a massive new…
Central Banks Buying Gold From Domestic Miners in Local Currencies
The World Gold Council published a report on Wednesday, highlighting that Central Banks around the world are buying…
De-Dollarization Surge: Why Europe’s Euro Bonds Could End U.S. Dollar’s Reign
In Europe, the de-dollarization process is actually gaining momentum right now as central banks around the world are…
G7 Central Banks Confront US Chaos: ECB to Cut Rates, Canada Watches Inflation
G7 central banks are, at the time of writing, responding in different ways to the US economic chaos…
China’s Central Bank Asks State-owned Banks to Reduce US Dollar Purchases
China’s Central Bank has recently directed state-owned banks to curb US dollar purchases as part of its ongoing…
New Country Begins Ditching US Dollar, Accumulates Gold in Central Bank
It’s no longer the Asian countries that are aggressively accumulating gold in their central banks and ending reliance…
Trump’s Tariffs Trigger De-Dollarization – Central Banks Rush to Buy Gold at ATH!
The de-dollarization trend is actually accelerating right now, at this moment, as Trump’s economic policies push central banks…
BRICS: Central Banks Ditching US Dollar, Buying More Gold
The Central Banks of BRICS and other developing countries are on a gold-buying spree while simultaneously offloading the…
Currency: Foreign Countries Dump Euro From Their Reserves
The world’s second-biggest currency, the Euro declined by 1% in central bank reserves from developing countries. The latest…
Central Bank Predicts Gold Prices Could Begin to Decline
Gold prices hovered around the $2,340 mark on Wednesday and are up by nearly 14 points. It experienced…