Italians back using gold reserves to lower funding costs


A majority of Italians would support using the country's gold reserves as collateral for cheaper government borrowing, a survey has found – though almost all of those surveyed were against selling the gold to finance government spending.

Italy could use its gold reserves to secure funding at a lower cost than the yields commanded for its existing sovereign debt, according to the World Gold Council (WGC).

The WGC says gold-backed bonds "could be instrumental in improving the confidence of investo

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: