(Bloomberg) -- Every day in London, thousands of commuters on the Central Line take a subterranean detour around the Bank of England’s vast underground vaults, bringing them as close as they're ever ...
Analysts point to delays in the reporting of economic data due to the US government shutdown as one reason for the rise.
In April, the CBK Governor said the bank was “actively considering” adding gold to its reserves beyond the dollar and other ...
Gold is being flown from London to New York in unusually high volumes. Gold held in the UK's central bank has been trading at a discount due to tariff fears. The metal has been trading at record highs ...
London is in the grips of a gold shortage as traders line up for weeks to get bars out of the Bank of England and ship them to the U.S. amid fears that the new Trump administration will levy tariffs ...
Kenya is currently engaged in negotiations with the Bank of England (BOE) to diversify its foreign reserves by incorporating ...
Others in the region including Zambia and Ghana are already building reserves, while Rwanda and Uganda plan to follow suit.
Nigeria and Kenya have emulated Ghana and have now joined the growing trend of African central banks moving to buy gold to ...
The Bank of England's latest financial policy committee review was pretty blunt: "On a number of measures, equity market ...
* Despite the bounce in French stocks and bonds, the euro sagged to a one‑month low. But caretaker French Prime Minister ...
A tug-of-war over $1 billion worth of Venezuelan gold stored at the Bank of England took a new turn on Monday as the English Court of Appeal overturned an earlier High Court ruling on who the UK ...
Gold exchange-traded funds (ETFs) added 146 tonnes of the precious metal last month, according to World Gold Council (WGC) ...