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The history of the Central Bank Gold Agreement

Par |2018-08-26T15:28:57+02:00décembre 4th, 2015|News|

Stocks and gold reserves of central banks, around 30 900 tonnes (1/5 of the world’s gold reserves) give their significant power on the gold market. As a result, several agreements on gold were established to limit their weight in the market. The first agreement on central bank gold is the Washington Agreement on gold, (26 Lire la suite [...]

What drives the gold spot price ?

Par |2015-12-03T23:00:00+01:00décembre 3rd, 2015|News|

Investors may find sometimes gold really complex. Positively correlated with the excess of money supply, but negatively to changes in exchange rates of major currencies, it draws investor demand, central banks and jewelry sector. Lire la suite […]

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