The Central Bank of Iraq (CBI) has further expanded its gold reserves, adding 4 tonnes to its holdings in June and July. This brings the CBI’s total gold purchases for the year to 10 tonnes, lifting its overall gold reserves to 153 tonnes. New data from the IMF shows that the Central Bank of Iraq […]
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The Czech National Bank (CNB) has continued its gold-buying spree, adding another 1.6 tonnes to its reserves in September. This marks the 19th consecutive month of gold purchases by the CNB, bringing its total gold holdings to over 46 tonnes. The CNB’s decision to accumulate gold is likely motivated by a desire to diversify its […]
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Global gold exchange-traded funds (ETFs) continued their winning streak in September, attracting a total of $1.4 billion in inflows. This marks the fifth consecutive month of positive inflows for gold ETFs, highlighting growing investor confidence in the precious metal. North America led the charge, accounting for the majority of inflows during the month. This surge […]
Continue ReadingIndia’s gold imports soared to their highest level in over three years, reaching 125 tonnes in August 2024, fueled by strong consumer demand and industry restocking ahead of the Diwali season and Q4 festive celebrations. This represents a significant 58% increase year-on-year and an impressive 212% jump from July, according to data from the World […]
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When investing in gold bars, several key factors—liquidity, size, purity, and overall reputation—play a crucial role. Below are some of the best gold bars that meet the needs of investors looking for secure, liquid, and pure options: 1. PAMP Suisse Gold Bars Purity: 99.99% (24-karat) Size: Available in various sizes from 1 gram to 1 […]
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If you’re looking to buy gold bars from Bank of America, you may wonder if the bank offers this service and how to get started. While Bank of America does not directly sell gold bars or coins, it does provide various financial products that offer exposure to gold. This article will guide you through how […]
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Disclaimer: The prices in this article reflect the current gold price of $2,650 per ounce at the time of writing. Gold prices are subject to change based on market fluctuations. Gold bars are a trusted and secure investment, often sought by individuals and institutions looking for a safe haven during uncertain economic times. With the […]
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