Gold could play solid stability role
George Milling-Stanley, a managing director at the World Gold Council, on Thursday pushed for gold to be added to the capital-adequacy rules and suggested gold could play a role as a component of an enhanced special drawing right (SDR) basket.
Speaking to central bankers at the National Asset and Liability Conference in London, Milling-Stanley discussed the revival of gold following the financial crisis and said: "Gold can be part of the solution and has a possible role in the new financial
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