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The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, ...
The euro is the "only real alternative currency for the moment to make a significant change in the level of reserves," said ...
Welsh Para-canoeist Laura Sugar has added the KL3 European title to her Olympic and World Championship crowns. The ...
Though the US dollar continues to hold the lion’s share of global reserves at 46 per cent, gold’s share has risen to 20 per cent, surpassing the euro, which now accounts for 16 per cent of reserves.
You see, the dollar’s share in forex reserves is shrinking. Yet it is 46% of the total reserves. Gold reserves, on the other hand, just hit the 20% mark, leaving the Euro behind at 16%.
In a note to clients last week, UBS says the dollar is now “unattractive,” with further declines expected as the U.S. economy ...
Recent surveys indicate that the dominance of the U.S. dollar is weakening, while gold, the euro, and the Chinese yuan are ...
Spot gold was little changed at $3,325.56 per ounce. US gold futures were up 0.2 per cent at $3,339.30. On Tuesd ...
After a volatile start to the week, capital markets are quieter and the ceasefire between Israel and Iran appears to be holding. Click to read.
Congratulations to Iman Beney, who has been selected to represent Switzerland at Euro 2025.The teenage attacker became ...