World Gold Council – Page 2 – Miami Crypto Coin

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India Hikes Duty on Imported Gold, Seeking to Bring Down Trade Deficit

Post author:MiamiCrypto
Post published:July 6, 2022
Post category:Economics gold import duty gold smuggling India Bullion and Jewellers Association (IBJA)Indian Rupee Narendra Modi Surendra Mehta trade deficit World Gold Council

In its attempt to relieve the pressure against the rupee, the Indian government announced on July 1 that it had hiked the duty on imported gold by five percentage points…

Global Central Bank Gold Holdings Rose to 36,000 Tons in 2021, Increase Attributed to Dollar’s Decline

Post author:MiamiCrypto
Post published:January 5, 2022
Post category:2008 Financial Crisis Adam Glapinski dollar denominated assets Economics gold National Bank of Poland U.S. Federal Reserve US Dollar us treasuries World Gold Council

The total quantity of gold held in reserves by central banks topped 36,000 tons for the first time since 1990, data from World Gold Council has shown. This increase follows…