Tag: Central Banks

Gold declined sharply after the US-Iran conflict began in late February and has traded in a narrow band in the last few weeks. (Representational image)
Posted in Business

Gold declines as uncertainty surrounds progress in US-Iran talks

Gold was on track for a weekly loss as uncertainty persisted over progress in US-Iran talks to end the war that’s roiled global markets. Gold…

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Global Central Banks Cut US T-Bill Exposure
Posted in Economy

Global central banks cut US T-bill exposure, increase gold reserves

Mumbai: Most countries with top gold reserves have reduced their dollar assets held in US Treasury bills since 2017, the first time Donald Trump took…

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Posted in Economy

Gold fever: Will central banks keep driving the golden surge?

Gold’s relentless rally continues powerful with prices reaching on Friday just cents away from $3,600 per ounce, as weak US jobs data further raised expectations…

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