Gold

Macedonia seeks bigger share of Yugoslav gold

Governor of the Central Bank of Macedonia Ljube Trpeski said that Macedonia and Bosnia-Herzegovina will request the Bank for International Settlements in Basel to change the formula for sharing of foreign currency reserves in gold of the former National…

Gold as part of diversified investment plan

Including gold in a diversified portfolio can improve investment performance and make the investment better able to cope with shocks to the system. World Gold Council institutional investment head Dr Robert Weinberg said gold can improve investment…

ECB has own idea of optimal fx reserves-Issing

European Central Bank (ECB) member Otmar Issing said he felt the amount of foreign reserves held in the Eurozone was well within the range of estimates, but was evasive on whether this constituted an optimal level.

China begins move to deregulate gold

The People's Bank of China, the country's central bank which has a monopoly on domestic gold trading, has taken the first step to deregulate the domestic gold market by reducing its authorised gold purchasing points in all provinces, industry sources…

SNB sees gold as good diversification tool

The Swiss National Bank still sees gold as a good tool to diversify its reserves even though the central bank is gradually selling off half its original holdings of the metal, SNB Chairman Hans Meyer said.

Interview with Ernst Welteke

Ernst Welteke, president of the Deutsche Bundesbank, talks with the editor of the Quarterly Journal of Central Banking, Robert Pringle, about the forthcoming restructuring of the Bundesbank, the euro, the ECB and the need for greater political…

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