Tag: gold reserves

S&P 500, Nasdaq finish lower; investors uneasy about Middle East conflict

Stocks
The S&P 500 and Nasdaq ended lower on Friday, with investors on edge over the Iran-Israel conflict heading into the weekend, as the U.S. considers whether to get involved. Trading was choppy for much of...

Have cryptocurrencies arrived as an asset class? It’s complicated

Crypto
There is a buzz around bitcoin. The world’s oldest and best-known cryptocurrency is trading close to record highs as enthusiastic investors bet on greater political and regulatory support from Donald Trump’s administration.The digital currency has...

RBIs FX reserves see largest gain in over 2 years

Economy
Reserve Bank of India’s foreign exchange reserves rose $15 billion In the week ended March 7 to $653.9 billion. This is the sharpest...

India’s foreign exchange reserves hit 10 month low at $625 billion

Business
NEW DELHI: India’s foreign exchange reserves have dropped for the sixth straight week, reaching a ten-month low of $625.87 billion as...

India’s forex kitty falls $2.6 billion to $682 billion as of November 1

Economy
Mumbai: Reserve Bank Of India's (RBI) foreign exchange reserves fell by $2.6 billion to $682.1 billion for the week ended November 1, latest...

RBI parks majority of its gold reserves in India; Local holdings up 100 tonnes in H1

Economy
Domestic holdings of gold by the Reserve Bank of India (RBI) rose by more than 100 metric tonnes in the half-year ended September,...

Central banks may scale back gold purchases in 2024, reports World Gold Council

Economy
Central banks may buy less gold in 2024 compared to 2023, when they had bought 1,037 tonnes of gold, according to a World...

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