Gold
Gold should form an essential part of central banks’ liquidity portfolio
The credit crisis has highlighted that in times of turmoil, gold is one of the few assets that remains liquid, says Natalie Dempster, director of government affairs at the World Gold Council
Gold to put in sparkling performance: asset managers
Central bank reserve managers from around the world say gold will do better than any other reserve asset in 2010; metal’s importance to soar over near future
Accounting change behind Saudi gold surge
Saudi Arabian Monetary Agency’s gold reserves more than double due to accounting adjustment; European central banks keep to agreement while Russia, Philippines buy
SNB records $1.3bn profit for first quarter
The Swiss National Bank’s has reported a quarterly net profit of Sfr1.5 billion for the first three months of the year
Central bank net gold sales fell 80% in 2009
Slowdown in European sales and India's purchase from IMF lead net sales to slump to 41 tonnes says research body
Interview: George Milling-Stanley on gold
The managing director, government affairs at the World Gold Council discusses central banks' recent purchases of the precious metal
Gold could play solid stability role
World Gold Council's George Milling-Stanley pushes for Basel III and SDR to be gold plated
China to keep up T-bill purchases; cautious on gold
State Administration of Foreign Exchange chief Yi Gang says the country will not rely excessively on gold, adds that political relations with US will not affect Chinese treasury holdings
Ex-Sarb’s Mboweni to chair AngloGold Ashanti
Former South African Reserve Bank governor Tito Mboweni appointed chairman of gold mining company
IMF to sell gold in the market
Fund’s move comes after offer of sale to central banks
China’s SWF to take control of its portfolios
China Investment Corporation will increase the proportion of investments that are managed in house, says its chairman Lou Jiwei
Swiss profits soar to $10 billion
Gold gains will see the Swiss National Bank book CHF10 billion in profits for 2009
China should turn to oil: senior central banker
People’s Bank of China director says country should invest in oil and other resources; dismisses suggestion that reserve accumulation will force yuan appreciation
Bank of Finland’s Huhtala on reserve management post-crisis
Heli Huhtala, the head of investments in the Banking Operations Department at the Bank of Finland, discusses how the crisis will change the thinking on central banks’ reserve-management strategies
Kazakhstan latest to step away from dollar
The National Bank of Kazakhstan, which has seen foreign currency reserves drop sharply, shifts towards euro on fears over the dollar’s weakness
Korea labels gold rush illusory
Bank of Korea’s head of reserves management looks to downplay surge of central bank interest in bullion
China wary of a gold bubble
People’s Bank of China deputy governor says steadily climbing gold prices could decrease the attractiveness of the metal as a reserve asset
Sri Lanka boosts gold holdings with IMF purchase
Central Bank of Sri Lanka buys 10 tonnes of gold from IMF, gold climbs higher
Mauritius buys IMF gold
International Monetary Fund sells two tonnes of gold to Bank of Mauritius
Gold hits new high, Sri Lanka latest to reveal purchases
Price soars on Monday to fresh peak; central bank says it bought gold to diversify reserves
India buys 200 tonnes of IMF gold
The Reserve Bank of India purchases just under half of the IMF’s sale quota for $6.7 billion
Korea considering shifting dollar assets to gold
Korean central bank reportedly interested in diversifying reserves; favours gold over dollar
Bundesbank caps gold sales for next year at 6.5 tonnes
Germany’s central bank limits gold sales for the next twelve months at 6.5 tonnes under Central Banks’ Gold Agreement
Gold prices breach $1,000
First time metal rises above $1,000 per ounce since February