Gold
ECB gold reserves - EUR55M
GERMANY - The Eurosystem's net reserves in gold and gold receivables declined EUR55 million to EUR126.8 billion in the week ended 22 March, the European Central Bank said Tuesday.
BNB aims at more effective control of gold reserve
BULGARIA - The board of governors of the Bulgarian National Bank (BNB) is engaged in continuous debates on the options for a more effective management of Bulgaria's monetary gold reserves, deputy governor Martin Zaimov told reporters.
Welteke flags Buba may sell gold, buy stocks
GERMANY - Bundesbank President Ernst Welteke on Monday surprised central bank watchers by signalling the bank might consider selling part of its gold reserves and reinvesting the proceeds in shares as well as in bonds.
India RBI favour forming gold exchange - Dep gov
INDIA - The Reserve Bank of India will favor any industry proposal to form a gold exchange as the idea is "theoretically sound," said RBI Deputy Governor Y.V. Reddy Thursday.
Swiss nat bank sells 9.4 tons of gold to 20 March
SWITZERLAND - The Swiss National Bank sold around 9.4 metric tons of gold in its latest 10-day reporting period ended 20 March, the central bank's regular statistics report showed Thursday.
China raises gold prices in unscheduled move
CHINA - China's central People's Bank of China (PBOC) raised domestic buying and selling prices of 99.99 percent pure gold by an average of 1.42 percent on Wednesday, an unscheduled move outside its regular weekly fixing.
ECB gold reserves - EUR35M in week of 8 March
GERMANY - The Eurosystem's net reserves in gold and gold receivables declined by EUR35 million, to EUR126.8 billion, in the week ended 8 March, the European Central Bank said Tuesday.
How long will Swiss SNB lay golden eggs?
FEATURE - The Swiss National Bank has decided to lay golden eggs for a while, but will the goose have the guts to say "no" once the party's over?
German finance ministry, Buba spurn gold sale call
GERMANY - The German Bundesbank and finance ministry on Tuesday rejected suggestions by some government politicians that holes in the public purse could be plugged by the sale of gold and foreign exchange reserves.
London gold auction ends but arguments continue
UK - The UK completed its sale on Tuesday of 400 tons of gold - a $3.5 billion stack almost as big as two London taxis.
Bank of England News Release
NEWS RELEASE - HM Government Gold Auction Result, 5 March.
South African gold output falls sharply
SOUTH AFRICA - South African production of gold slipped by more than 8% in 2001, the Chamber of Mines of South Africa has reported.
India's gold jewellery rip-off
FEATURE - Most gold jewellery advertised in India as 22-carat is of a lesser quality, a survey by the Bureau of Indian Standards (BIS) has revealed.
Gold loses its shine as banks sell, costs fall
AUSTRALIA - A third of the gold ever mined, or 30,000 tonnes, is stored in central banks around the world. The banks want to lower their reserves in favour of higher yielding investments such as bonds and currency.
Swiss SNB sold 9.82 tons of gold in past 10 days
SWITZERLAND - The Swiss National Bank sold around 9.82 metric tons of gold in the 10-day reporting period ended Wednesday, the central bank's regular statistics report showed Thursday.
Bank of England News Release
News Release - HM Government Gold Auction Programme: Announcement of Auction, 26 February.
German sale plan triggers gold slump
GERMANY - The price of gold fell on 20 February 2002 following comments by the president of Germany's Bundesbank.
Nations start line up for Washington rollover
UK - The announcement last week that Wim Duisenberg is to retire as head of the European Central Bank, and the comments by Bundesbank governor Ernst Welteke Tuesday that Germany may sell some of its gold, has revived industry speculation that the…
Watch the Fed for clues to rise in gold sector
FEATURE - Gold has broken out and there is no shortage of theories as to why and where it's going from here. But, according to Chad Williams, investors should pay no attention to outlooks based on supply and demand, hedging, central bank sales or even…
Gold bugs should not get too excited
AUSTRALIA - Predictions of a sustained increase in gold prices are not expected to be realised. The reason for the lack of a sustained revival is the poor business foundations of the gold industry.
SNB sell 10.3 tons of gold in latest 10-day period
SWITZERLAND - The Swiss National Bank sold around 10.3 metric tons of surplus gold in the 10-day reporting period ended 31 January, the central bank's regular statistical report showed Friday.
Russian Ctrl Bk reserves $36.2B 25 January
RUSSIA - The Russian central bank said Thursday that its level of foreign-exchange and gold reserves dropped $300 million to $36.2 billion, in the week to 25 January.
China's new gold exchange delayed but not derailed
CHINA - China's plans to open a gold exchange in Shanghai early in 2002 are still intact but laws on important details, including whether to impose the value-added tax on exchange transactions, have yet to be issued, an exchange spokeswoman said on…
Reserves up by $200m
RUSSIA - Russia's gold and foreign exchange reserves rose by $200 million to $36.7b in the week to 4 January 2002, up from $36.5b on 28 December 2001.