The president of the National Bank of Poland, Adam Glapinski, has recently disclosed that the central bank plans to continue increasing its gold holdings, with a goal to have gold constitute 20% of the bank’s total reserves.
The National Bank of Poland (NBP), also known as Narodowy Bank Polski, became one of the leading gold…
Ceasefire hopes have risen following Israel's recent acceptance of a US bridging proposal. Hamas, however, has yet to do the same.
Oil prices dropped close to their lowest levels in 2024 on Tuesday morning, following increased hopes of a ceasefire in the Israel-Hamas war.
Brent crude oil prices inched down 1.03% to $76.8 per barrel…
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Gold has been one of the best-performing global assets of 2024, with central banks propelling much of the demand.
Global official gold reserves increased by 290 metric tons in the first quarter of the year, the largest first-quarter increase since at least 2000, according to the World Gold Council.
More North American professional…
Gold’s price moved decisively lower , since our last report, after reaching a new record high.Today we are to discuss the fundamental challenges laid ahead for the precious metal as well as upcoming financial releases that may affect the direction of its price action. Finally, we will be concluding this report with a technical analysis of…