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More countries are buying directly from artisanal miners as trafficking robs them of tax revenues and foreign exchange
Global central banks are now trading gold at a rate never seen before in history, as illegal exports strip billions from national revenues and weaken foreign exchange reserves, according to reporting by the Financial Times. The problem comes mainly from ...
LONDON (Reuters) -Central banks around the world expect their gold holdings as a proportion of their reserves to increase over the next five years while expecting their dollar reserves to be lower, a survey by the World Gold Council (WGC) showed.
President Trump is continuing his push for more control of the Federal Reserve. The Planet Money team looked into what has happened globally when central banks face political pressure. The Supreme Court said this week that President Trump cannot fire ...
Gold prices continue to break new price records. During the second week of October 2025, gold had surged to $4,000 a troy ounce, and the Financial Times reports that prices have doubled in less than two years because central banks are stockpiling bullion ...
LONDON, Dec 23 (Reuters) - Major central banks have delivered interest rate cuts in 2025 at the fastest clip and largest scale since the financial crisis, while easing among policymakers in developing nations also accelerated. Nine of the ...
Good afternoon. It is a pleasure to be with you here at this critical juncture for the global economy. Since early April, the US effective tariff rate has increased to levels last seen over a hundred years ago, and the uncertainty surrounding trade policy ...