Gold
Central banks buying less gold
Net purchases in August were lowest monthly level since March, says World Gold Council
PBoC and RBI have highest-ever gold holdings, WGC says
PBoC paused gold purchases in May for first time since November 2022
Four central banks commit to responsible artisanal gold principles
Colombia, Ecuador, Mongolia and the Philippines commit to principles aimed at guiding domestic small-scale, gold-buying schemes
Vietnamese central bank moves to lower domestic gold prices
SBV official says market may be fixed but analyst points to shifts in supply and demand
Bolivia reserves shortage worsens
Fuel runs short as ex-governor says government “does not want to recognise” crisis
Bolivian reserves reaching critical levels, say experts
Central bank is depleting gold stocks to pay debt while monetary financing continues
Argentine candidate promises TV exposé of ‘empty’ BCRA vaults
Bullrich says currency controls “are eating the reserves”
Ecuador refines more than a half-tonne of gold from small miners
Latest stage of gold purchase programme adds $36.1 million to reserves
Ecuador approves contingent credit line
Flar offers up to $230 million to Central Bank of Ecuador
Bolivian governor says country faces ‘liquidity crisis’
Authorities’ response to bank failure could worsen financial stress, analysts say
Bolivian officials say reserves problem is temporary
Central bank sells SDRs as dollar scarcity and legislative gridlock persist
Illegal gold trade impacts Ethiopian reserves
Assosa region holds one of the greatest untapped resources of gold in the world
Sanctions fear drives surge in central bank gold purchases
China, Turkey and India are largest declared buyers, while Russia probably bought big quantities
PBoC reports rise in gold reserves for first time since 2019
Analysts say the move is part of China’s ongoing efforts to diversify its vast dollar-denominated assets
The canary in the goldmine
Gold accumulation may herald broader concerns about dollar holdings, writes Jennifer Johnson-Calari
Central banks’ gold demand hits record level
Purchases in 2022 reach 673 tonnes, higher than in any full year since 1967
Bolivian ex-governor calls opposition audit request ‘nonsense’
Most central bank gold reserves are held outside country, Morales says
Bolivian legislators ask to inspect gold reserves
Opposition politicians claim government wants to monetise and spend gold
Will the dollar remain the world’s reserve currency?
Bank of Russia sanctions are unlikely to undermine the US dollar’s central role in reserve portfolios. But a relative decline in US economic weight and technological innovation are benefiting other currencies
Bolivian central bank wants to become sole buyer of gold
Proposal would allow BCB to use gold reserves as collateral or swap them for foreign exchange
Central bank gold purchases back in positive territory
War and inflation appear to be supporting demand for the reserve asset