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South Korea’s Central Bank Dismisses Bitcoin as Reserved Asset Citing Uncertainty, Risks: Report
The Bank of Korea (BoK) has reportedly said that Bitcoin’s volatility is a matter of risk and concern for the country’s national stability. The BoK said that it had not even begun to review the possibility of having Bitcoin as a reserved asset alongside gold and fiat currencies among other securities.Â
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This Government Bond Made Investors Rich By Nearly 200% In 8 Years
Investors in the Sovereign Gold Bond (SGB) 2016-17 Series IV and 2019-20 Series IV are set for significant returns, with the Reserve Bank of India (RBI) announcing the final redemption price.
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Donald Trump Establishes Strategic Bitcoin Reserve, Crypto Stockpile Utilising Seized Assets
US President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve and a separate crypto stockpile. These reserves will be funded exclusively with crypto assets seized during federal investigations, rather than using taxpayer money to acquire new tokens.
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All About Fort Knox Gold Reserves And How Safe It Is
President Donald Trump says Elon Musk will be looking at Fort Knox, the legendary depository in Kentucky for American gold reserves, to make sure the gold is still there.
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What Nirmala Sitharaman Said On India's Increased Gold Accumulation
India's rising gold reserves are not intended to replace any international currency, said Finance Minister Nirmala Sitharaman in Lok Sabha.
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India Becomes Second-Largest Gold Buyer After Poland In 2024: World Gold Council
Global central banks remained active in the gold market in November 2024, collectively adding 53 tonnes of the precious metal to their reserves, according to the World Gold Council.
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Manmohan Singh: India's 'Reforms' Man And Politician With A Difference
He drew the roadmap of India's economic reform, unshackled it from the licence raj and pulled it back from the brink when even all its gold reserve was pledged.
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World's Largest Gold Deposit Found In China, Valued At A Staggering Rs 7 Lakh Crore
A massive gold deposit, potentially the world's largest, has been discovered in Hunan Province, Central China, containing an estimated 1,000 metric tonnes of high-quality ore.
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Explained: Why RBI Keeps Gold Reserves In Foreign Vaults
The Reserve Bank of India transferred 100 metric tonnes of gold from the United Kingdom to domestic vaults in FY24, making it one of the largest gold movements since 1991, according to reports.
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India Brings 100 Metric Tonnes Of Gold Back From UK, Fills RBI Vaults
India has moved 100 metric tonnes of its gold stored in the UK to domestic vaults in FY24, sources said today.
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As RBI Buys Several Tons Of Gold, Governor Says "India Building Reserves"
Reserve Bank Governor Shaktikanta Das today said India has been building up gold reserves as part of its forex deployment.
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Gold Prices Surge To Record High As US Fed Holds Interest Rates
Gold prices climbed to a record high on Thursday, as the U.S. dollar and bond yields ticked lower after the Federal Reserve maintained its projection of three rate cuts for this year.
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RBI Bars Non-Bank Finance Company From Offering Gold Loans
The Reserve Bank of India on Monday ordered non-bank finance company IIFL Finance to stop sanctioning, disbursing and selling gold loans with immediate effect, citing "material supervisory concerns" in its gold loan portfolio.
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Names Of 10 Countries With Highest Gold Reserves Revealed, Know India's Rank
Despite being officially abandoned in the 1970s, many countries still maintain gold reserves and now the demand for these reserves is rising due to growing economic uncertainty.
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India's Forex Reserves Drop $30 Million To $594.86 Billion
In the previous reporting week, the overall reserves had dropped by USD 7.273 billion to USD 594.888 billion.
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South Korea’s Central Bank Dismisses Bitcoin as Reserved Asset Citing Uncertainty, Risks: Report
The Bank of Korea (BoK) has reportedly said that Bitcoin’s volatility is a matter of risk and concern for the country’s national stability. The BoK said that it had not even begun to review the possibility of having Bitcoin as a reserved asset alongside gold and fiat currencies among other securities.Â
-
This Government Bond Made Investors Rich By Nearly 200% In 8 Years
Investors in the Sovereign Gold Bond (SGB) 2016-17 Series IV and 2019-20 Series IV are set for significant returns, with the Reserve Bank of India (RBI) announcing the final redemption price.
-
Donald Trump Establishes Strategic Bitcoin Reserve, Crypto Stockpile Utilising Seized Assets
US President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve and a separate crypto stockpile. These reserves will be funded exclusively with crypto assets seized during federal investigations, rather than using taxpayer money to acquire new tokens.
-
All About Fort Knox Gold Reserves And How Safe It Is
President Donald Trump says Elon Musk will be looking at Fort Knox, the legendary depository in Kentucky for American gold reserves, to make sure the gold is still there.
-
What Nirmala Sitharaman Said On India's Increased Gold Accumulation
India's rising gold reserves are not intended to replace any international currency, said Finance Minister Nirmala Sitharaman in Lok Sabha.
-
India Becomes Second-Largest Gold Buyer After Poland In 2024: World Gold Council
Global central banks remained active in the gold market in November 2024, collectively adding 53 tonnes of the precious metal to their reserves, according to the World Gold Council.
-
Manmohan Singh: India's 'Reforms' Man And Politician With A Difference
He drew the roadmap of India's economic reform, unshackled it from the licence raj and pulled it back from the brink when even all its gold reserve was pledged.
-
World's Largest Gold Deposit Found In China, Valued At A Staggering Rs 7 Lakh Crore
A massive gold deposit, potentially the world's largest, has been discovered in Hunan Province, Central China, containing an estimated 1,000 metric tonnes of high-quality ore.
-
Explained: Why RBI Keeps Gold Reserves In Foreign Vaults
The Reserve Bank of India transferred 100 metric tonnes of gold from the United Kingdom to domestic vaults in FY24, making it one of the largest gold movements since 1991, according to reports.
-
India Brings 100 Metric Tonnes Of Gold Back From UK, Fills RBI Vaults
India has moved 100 metric tonnes of its gold stored in the UK to domestic vaults in FY24, sources said today.
-
As RBI Buys Several Tons Of Gold, Governor Says "India Building Reserves"
Reserve Bank Governor Shaktikanta Das today said India has been building up gold reserves as part of its forex deployment.
-
Gold Prices Surge To Record High As US Fed Holds Interest Rates
Gold prices climbed to a record high on Thursday, as the U.S. dollar and bond yields ticked lower after the Federal Reserve maintained its projection of three rate cuts for this year.
-
RBI Bars Non-Bank Finance Company From Offering Gold Loans
The Reserve Bank of India on Monday ordered non-bank finance company IIFL Finance to stop sanctioning, disbursing and selling gold loans with immediate effect, citing "material supervisory concerns" in its gold loan portfolio.
-
Names Of 10 Countries With Highest Gold Reserves Revealed, Know India's Rank
Despite being officially abandoned in the 1970s, many countries still maintain gold reserves and now the demand for these reserves is rising due to growing economic uncertainty.
-
India's Forex Reserves Drop $30 Million To $594.86 Billion
In the previous reporting week, the overall reserves had dropped by USD 7.273 billion to USD 594.888 billion.
