The Central Financial institution of Serbia has introduced it bought 9 tons of gold in October, following the lead of regulators the world over, together with Russia and China. Serbia's gold holdings now make up ten p.c of complete reserves. ...

Heightened international tensions, forex wars, and the course of de-dollarization have been pushing central banks to spice up their gold purchases. The pattern is more likely to proceed within the coming years, specialists say. ...

China’s huge gold stockpile noticed one other increase in Might, marking an ongoing enhance for a sixth straight month, in line with the most recent knowledge printed by the Folks’s Financial institution of China. Learn Extra ...