Lummis' bill pushes for leveraging gold certificates, held at the Federal Reserve’s 12 banks, to fund future acquisitions. However, Johnny Gabriele, Head Analyst of Blockchain Economics and AI ...

Revaluing gold reserves has been bandied about as an idea, but its impact needn’t work out well for the US. It could weaken ...

Mahati has earned the Congressional Award Gold Certificate. To earn the Gold Certificate, each participant must complete at ...

Market regulator Sebi today allowed gold Exchange Traded Funds (ETFs) to invest in gold deposit schemes of banks, as part of overall efforts to utilise idle assets of the precious metal for more ...

In exchange, the Fed received gold certificates. The U.S. owns 261.6 million troy ounces of gold, valued at a 1970s-era rate of $42.22 an ounce, producing a book value of $11 billion. At gold’s ...

this price adjustment would cause the gold certificate account on the asset side of its balance sheet to rise, and simultaneously increase the amount of cash in the Treasury General Account ...

In a significant testament to its unwavering commitment to sustainability, all Heritance Hotels and Resorts in Sri Lanka have ...