Building on this momentum, President Prabowo Subianto inaugurated Indonesia’s first bullion bank on Feb. 26, granting initial licenses to state-owned Bank Syariah Indonesia (BSI) and state-owned ...
The International Financial Services Authority (IFSCA) has notified the IFSCA Bullion Market Regulations, 2025, which introduce important safeguards for the protection of customers’ interests in ...
Silver coins are available in many forms, including these. Bullion coins: Struck by sovereign mints, “official” coins are legal tender with the weight and purity guaranteed by law. Bullion ...
The Bank of England holds bullion for the UK Treasury, financial institutions, and other central banks. Premiums and discounts on gold are generally not more than a few cents per ounce.
In a landmark initiative aimed at reinforcing Dubai’s status as a global bullion and refinery hub, industry leaders have officially launched the Dubai Business Group for Bullion and Gold Refinery.
One key indicator signaling an imminent recession is the Atlanta Fed’s GDPNow forecasting model, which updates in real time ...
During bull markets, the cost of gold production rises slower than the value per ounce of bullion, which gold miners can leverage. However, any number of market factors could cause a gold mining ...
JAKARTA, Feb 26 (Reuters) - Indonesian President Prabowo Subianto launched two "bullion banks" on Wednesday that will provide gold deposit services to help keep stocks of gold onshore as the ...
Central banks have also been adding to their bullion holdings to diversify their foreign currency reserves. If you’re keen on owning gold, my advice is to indulge in moderation. Yes, gold has ...
The United States Bullion Depository at Fort Knox has stored precious metal bullion reserves for the United States since 1937 and has become synonymous for secure and well protected. Along with ...
Gold touched a fresh record, as exchange-traded funds backed by the precious metal draw renewed interest from investors. Bullion hit a new all-time high of $2,956.19 an ounce on Monday, topping ...
Goldman Sachs Group Inc. raised its year-end gold target to $3,100 an ounce on central-bank buying and inflows into bullion-backed exchange-traded funds, highlighting Wall Street’s enthusiasm ...