Options for realising gold revaluations
Is monetary gold a special case in central bank revaluations accounting?
Gold prices have risen nearly 40% during the past 12 months, and more than doubled in the past three years. Consequently, central banks holding the precious metal as part of their foreign exchange reserves have experienced material increases in the value of their gold, generally represented by increases in their gold unrealised revaluation reserves.
What impact is the appreciation of monetary gold having on central bank capital? And what accounting considerations are needed when it comes to
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