Russian Central Bank Gold Reserves November 2016. The Central Bank of the Russian Federation added 1,000,000 ounces (31.10 tons) of gold to its reserves in November. November’s addition was the second month in a row Russia added over a million ounces of gold to reserves. From January 2016 through November 2016, Russia has added over … Read More →
New Indian Rupee Notes Crumble – Literally. Indian gold dealers bank accounts frozen. Venezuelan Shops Weighing Currencies. Venezuelan Government Pulls 100 Bolivar Notes From Circulation But Won’t Exchange All 100 Bolivar Notes in Currency Swap. Australian $100 note on the way out? WARNING: Hoarding Cash May Not Provide Protection Fed Raises Fed Fund Rate a … Read More →
Shanghai Gold Exchange Withdrawals Rise 40% Month Over Month and 6% Year Over Year in November. Shanghai Gold Exchange November withdrawals were 214.718 tonnes. November 2016 was the first month this year that gold withdrawals rose on a year over year comparable month basis. Through November 2016, withdrawals of 1774.717 tonnes were 25% lower than … Read More →
Deutsche Bank Settles Silver Manipulation Case. Stock Market Hit All Time Highs. Gold falls after Italian Constitutional Referendum Fails. Dollar at 14 year Highs as Fed Mulls Rate Hike. Deutsche Bank Silver Manipulation Case DB settles Private Litigation Civil Suit- No Jail, No Fines, but damages Separate DOJ/CFTC Investigation Underway Plaintiffs: COMEX silver traders Defendants: … Read More →
October 2016 Indian Gold Imports Rise 105% From September. Gold Imports Rose in Advance of Gold Giving Season and ahead of Shock Rupee Demonetization Announcement Gold Imports Still Under Pressure From Increased Duties, Taxes and Government Intervention. Rupee Demonetization Makes Gold Attractive for Indians, but also a Target for Indian Government Indian Gold Imports January-October … Read More →
The People’s Bank of China Added No Gold to Reserves in November. Total reported People’s Bank of China gold reserves stand at 1842.56 tonnes. Gold Acquisition Halted as Chinese Foreign Reserves Fall by $68 billion in November. PBOC foreign reserves fell from $3.12 trillion in October to $3.052 trillion in November, the lowest total since … Read More →
The National Bank of Kazakhstan Added 3.1 Tons (101,000 ounces) of Gold To Reserves in October. Total Gold Reserves Stood at 252 Tons at end of October 2016. Kazakhstan Gold Reserves Rank 21st in the World. The National Bank of Kazakhstan added 101,000 ounces of gold to her reserves in October. Along with the Central … Read More →
Gold Sales at the Perth Mint in November 2016 Perth Mint Gold Sales Top 50,000 Ounces For Third Month in a Row in November. Gold sales at the Perth Mint in November 2016 were 54,747 ounces up 73% from November 2015 sales of 31,644 ounces. Perth Mint says recent gold sales boosted by the introduction … Read More →
Deutsche Bank To Pay $60 Million To Settle Gold Price Fixing Case. Settlement Requires Deutsche Bank To Cooperate in the Investigation Against Other Bullion Banks’ Role in Gold Manipulation Case. In April we reported that Deutsche Bank had agreed to settle a silver manipulation case (in re London Silver Fixing ltd Antitrust Litigation) brought against … Read More →
Sales of American Gold Buffalo Coins Hit 10 Month High. U.S. Mint Sold 29,500 24K one ounce gold coins in November. American Gold Buffalo sales in November highest since January. Total American Gold Buffalo and American Gold Eagle Sales Highest Since 2010 The U.S. Mint sold 29,500 one ounce American Gold Buffalo coins in November, … Read More →