A key tool used by the US central bank to stabilize global financial markets in times of crisis could be deployed by the Trump administration, Kenneth Rogoff, a former chief economist at the IMF, said when asked if that was a possibility.The Federal Reserve’s swap lines, which lend dollars to other central banks during periods […]
That of the US Federal Reserve January 23 decision Supporting the embattled Japanese yen is believed to be responsible for gold’s historic price rise above the US$5,000 per ounce level. The New York Federal Reserve reportedly carried out a “rate check” on currency traders regarding the exchange rate between the US dollar and the Japanese […]
The much-anticipated December meeting of the US Federal Reserve is finally upon us, but it’s not the only major event on investors’ radar. A cluster of major central banks – including those in Canada, Switzerland, Australia and Turkey – will also decide policy, while new economic data from China will give investors another chance to […]
Although gold hit a record high of $4,381.58 per ounce on October 17, central banks around the world continued to buy the precious metal, data from the World Gold Council (WGC) shows. However, gold purchases by them are lower than in the last three years, compared to the January-October period. “Central bank demand for gold […]
Investor interest in safe-haven assets resulted in a record quarter for gold demand in the third quarter of 2025, according to the latest report from the World Gold Council (WGC). The WGC published her Gold Demand Trends Q3 Report on October 30, clearly demonstrating that investor demand for gold is exploding as economic and geopolitical […]
While geopolitical tensions continue to shape the worldwide financial markets, the renewed diplomatic diplomatic urge of US President Donald Trump has to end the war in Russia-Ukraine, intense speculation about its impact on safe-having activa such as gold and silver. With the recent top of Trump with Russian President Vladimir Putin in Alaska, followed by […]
Global gold demand rose to a record of US $ 132 billion in the second quarter of 2025, driven by a rising investor hopper and the highest average golden price ever registered in a quarter, according to the Last Gold Demand Trends Report of the World Gold Council (WGC). While the total demand per volume […]