Gold
Russian Ctrl Bk reserves $36.2B 25 January
RUSSIA - The Russian central bank said Thursday that its level of foreign-exchange and gold reserves dropped $300 million to $36.2 billion, in the week to 25 January.
China's new gold exchange delayed but not derailed
CHINA - China's plans to open a gold exchange in Shanghai early in 2002 are still intact but laws on important details, including whether to impose the value-added tax on exchange transactions, have yet to be issued, an exchange spokeswoman said on…
Reserves up by $200m
RUSSIA - Russia's gold and foreign exchange reserves rose by $200 million to $36.7b in the week to 4 January 2002, up from $36.5b on 28 December 2001.
Gold - currency reserves of NBU grew - Yaremenko
UKRAINE - The amount of gross gold-domestic reserves of the National Bank of Ukraine made $3.259 billion by 12 December (by 29 November they made $3.153 billion).
ECB net forex reserves
GERMANY - The Eurosystem's net foreign currency reserves decreased by EUR0.1 billion to EUR255.3 billion in the week ended 14 December.
Profits deal means euro will not be backed by gold
SPECIAL CBNET REPORT - One result of the deal to distribute the profits of the euro is that the euro will be an almost entirely paper-backed currency.
S Africa's Nov gold, For Ex reserves up 9.4%
SOUTH AFRICA - South Africa's gold and foreign exchange reserves rose 9.4% to 77.7 billion rand ($1=ZAR10.8755) in November from ZAR71.00 billion in October, the South African Reserve Bank said Friday.
ECB gold reserves unchanged 30 November
EUROPE - The Eurosystem's net reserves in gold and gold receivables was unchanged at EUR128.23 billion for the week ended 30 November, the European Central Bank said Tuesday.
Swiss SNB sold 8.6 tons gold in 10 days to 30 Nov
SWITZERLAND - The Swiss National Bank said Monday that its gold reserves fell by CHF130 million to CHF33.55 billion in the 10-day reporting period to 30 November 2001.
China's gold mining embraces reshuffle
CHINA - China's gold mining industry plans to form 12 internationally competitive groups by 2005 to meet challenges from the deregulation of the domestic gold market driven by the nation's accession to the World Trade Organization (WTO).
Shanghai opens gold exchange
CHINA - China's gold markets will reach a milestone today with the low-key opening of a new exchange in Shanghai to trade the precious metal, which has been controlled by a rigid state monopoly for more than five decades.
Bank of England HM government gold auction result
NEWS RELEASE - The Bank of England announces that the gold on offer (approximately 20 tonnes or 643,200 ounces) has been allotted in full at a price of $273.50 per ounce. Details of the result are as follows.
Russia c bank tightens banks' gold export controls
UK - The Central Bank of Russia published a directive Thursday obliging commercial banks to submit information on their export of gold ingots to the State Customs Committee within 10 days of the metal leaving the country.
SNB sold 7.7 tons gold in 10-day period to 9 Nov
SWITZERLAND - The Swiss National Bank said Monday its gold reserves fell CHF116 million to CHF33.79 billion in the 10-day reporting period to 9 November.
Russian central bank gold deal with private bank
RUSSIA - Alfa Bank plans this year to buy nearly 30 tonnes of gold and 200 tonnes of silver, a bank source said.
ECB gold reserves in 2 Nov week
GERMANY - The Eurosystem's net reserves in gold and gold receivables declined by EUR1 million to EUR128.2 billion in the week ended 2 November, the European Central Bank said Tuesday.
Russia's Gokhran to buy gold for central bank
RUSSIA - Russian precious metals depository Gokhran will buy 40 metric tons of gold in 2002 from domestic commercial banks for the Central Bank of Russia's reserves, Gokhran official Valery Goncharov told reporters Monday.
GATA - Howe lawsuit goes to Boston hearing
US - A hearing in GATA consultant Reginald H. Howe's gold market manipulation lawsuit against the Bank for International Settlements, the U.S. Federal Reserve Board and Treasury Department, and five bullion banks will be held at 2 p.m. Monday in U.S…
Russian reserves growing
RUSSIA - Russia's gold and foreign exchange reserves grew from $38.6 billion to a new peak of $38.8b in the period between 19 October and 26, 2001.
China's gold exchange launch seen on 28 Nov
CHINA - China could launch its gold exchange in Shanghai next month with about 100 domestic firms permitted to trade gold for physical settlement only, industry sources in Hong Kong said on Tuesday.
ECB gold reserves to 26 October
GERMANY - The Eurosystem's net reserves of gold and gold receivables declined by EUR1 million to EUR128.2 billion in the week ended 26 October, the European Central Bank said Tuesday.
Swiss SNB sells 7.7 tons of gold in 10-day period
SWITZERLAND - The Swiss National Bank sold around 7.715 metric tons of surplus gold in its latest 10-day reporting period ended 19 October, central bank statistics showed Monday.
NBU's gold-currency reserves over US $3 billion
UKRAINE - As of 19 October the National Bank of Ukraine's gross gold-currency reserves had reached a record US$ 3.007 billion, having increased by US$ 1.379 billion since the beginning of the year.
ECB net gold reserves decline in Oct 12 week
GERMANY - The Eurosystem's net reserves in gold and gold receivables declined by EUR1 million to EUR128.2 billion in the week ended 12 October, the European Central Bank said Tuesday.