Gold
BIS says US gold scheme suit 'without merit'
The Swiss-based Bank for International Settlements rejected as baseless on Tuesday a US lawsuit alleging the BIS conspired with central banks and major international investment houses to keep the price of gold low.
Failure to reach agreement over ex-Yugo gold
The governors and vice-governors of central banks which emerged after the break-up of the former Yugoslav federation failed to reach an agreement on the distribution of gold and foreign currency reserves at the International Bank for Settlements in Basel…
Belgrade sees progress in dividing ex-Yugo gold
Yugoslavia said on Monday it hoped to quickly reach a deal with other members of the old six-member Balkan federation on dividing up gold assets held with the Bank of International Settlements.
China to put gold mkt In Shanghai, timing unclear
Central bank officials Monday said China's first communist-era gold market will be set up in Shanghai, but they declined to say when.
Macedonia seeks bigger share of Yugoslav gold
Governor of the Central Bank of Macedonia Ljube Trpeski said that Macedonia and Bosnia-Herzegovina will request the Bank for International Settlements in Basel to change the formula for sharing of foreign currency reserves in gold of the former National…
Gold as part of diversified investment plan
Including gold in a diversified portfolio can improve investment performance and make the investment better able to cope with shocks to the system. World Gold Council institutional investment head Dr Robert Weinberg said gold can improve investment…
ECB has own idea of optimal fx reserves-Issing
European Central Bank (ECB) member Otmar Issing said he felt the amount of foreign reserves held in the Eurozone was well within the range of estimates, but was evasive on whether this constituted an optimal level.
Bank of Japan can learn from Sweden on inflation
In a letter to the editor in Financial Times today, Professor Lars Jonung argues that the Bank of Japan can learn from the Riksbank in adopting a zero inflation target.
China begins move to deregulate gold
The People's Bank of China, the country's central bank which has a monopoly on domestic gold trading, has taken the first step to deregulate the domestic gold market by reducing its authorised gold purchasing points in all provinces, industry sources…
Russia's gold reserves up on last week
Russia's gold and foreign currency reserves were $26.5bn on 17 November, up from $26bn on 10 November, the central bank said in a press release on Thursday.
SNB sees gold as good diversification tool
The Swiss National Bank still sees gold as a good tool to diversify its reserves even though the central bank is gradually selling off half its original holdings of the metal, SNB Chairman Hans Meyer said.
Speech by Antonio Fazio, Governor, Bank of Italy
SPEECH - Speech by Antonio Fazio, Governor of the Bank of Italy at the World Gold Council International Conference "The Euro, the Dollar and Gold" held in Rome on 17 November 2000. The relationship between currencies and gold.
Interview with Ernst Welteke
Ernst Welteke, president of the Deutsche Bundesbank, talks with the editor of the Quarterly Journal of Central Banking, Robert Pringle, about the forthcoming restructuring of the Bundesbank, the euro, the ECB and the need for greater political…
Speech by Stephen Grenville of the RBA
SPEECH - Speech by Stephen Grenville, Deputy Governor of the Reserve Bank of Australia to CEDA Gold Series Dinner, held in Sydney on 29 June 2000.
Speech by Herve Hannoun of the Banque de France
SPEECH - Speech by Herve Hannoun, First Deputy Governor of the Banque de France at a dinner organised by Goldman Sachs on the occasion of the Financial Times Gold Conference held on 26 June 2000.
Speech by Jean-pierre Roth of the Swiss Nat Bank
SPEECH - Speech by Jean-Pierre Roth, Vice-Chairman of the Governing Board of the Swiss National Bank at the 22nd Annual FT World Gold Conference in London, 14 June 1999. Mr Roth discusses demonitisation of gold in Switzerland.
Speech by David Clementi of the Bank of England
SPEECH - Speech by David Clementi, Deputy Governor of the Bank of England at the FT World Gold Conference, Intercontinental Hotel, London on Monday 14 June 1999.