News list for " global central banks"
World Gold Council: Global central banks bought a net 60 tons of gold in November, with India adding 27 tons of gold to rank first. (Gold Ten)
According to Matrixport's latest weekly report, global central banks' efforts to reduce their reliance on the U.S. dollar and the rapid rise in sovereign debt are driving the continued growth of bitcoin and gold. In 2024, gold rallied 31% and bitcoin surged 59%, outperforming traditional assets such as bond ETFs and the S & P 500's 22% gains. With the approval of bitcoin spot ETFs and massive investments by companies such as MicroStrategy, bitcoin's importance in the financial ecosystem has beco...
On April 8th, during Asian trading on Monday, gold prices suddenly rose nearly $27 in the short term, breaking through the $2350 mark and setting a new historical high of $2354. Analysts have indicated that although the geopolitical tensions between Israel and Hamas have eased and the possibility of the Federal Reserve cutting interest rates in June has also decreased, gold prices have continued their record high rise, mainly due to news that global central banks may purchase gold in large quant...
Morgan Stanley's Chief US Economist believes that the timing of global central bank rate cuts will not be a problem, and in fact, she expects the Federal Reserve to accelerate the pace of rate cuts in the fourth quarter. Click to view>& Gt;
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