(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 ...
Gold’s surge may reflect failing Western gold-price suppression. U.S./U.K. short positions and secret swaps suggest dwindling ...
Kenya plans to buy gold to diversify its reserves and has held talks with the Bank of England on topics including bullion ...
In April, the CBK Governor said the bank was “actively considering” adding gold to its reserves beyond the dollar and other ...
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 ...
Analysts point to delays in the reporting of economic data due to the US government shutdown as one reason for the rise.
Nigeria and Kenya have emulated Ghana and have now joined the growing trend of African central banks moving to buy gold to ...
Kenya is currently engaged in negotiations with the Bank of England (BOE) to diversify its foreign reserves by incorporating ...
In an era of inflation shocks, shifting alliances, and economic volatility, one thing hasn't changed: central banks are doubling down on gold. While investors may debate crypto, equities, or cash, the ...
The Bank of England has warned of the risk of an AI-bubble, after it assessed some company values in the sector as "stretched". In a report out today, officials at the bank’s Financial Policy ...
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) ...