Central bank as well as investors have lost their faith in currency markets after the turmoil in the USA in 2008 and Europe in 2011. The USA and some of the European countries have a huge trade def....

Gold and gold receivables held by euro zone central banks fell by 2 million euros to 423.455 billion euros in the very first week ending January 6, as per a report by the European Central Bank.....

In yet another bold move, Venezuela’s flamboyant president Hugo Chavez announced nationalization of country’s gold sector and to bring home huge gold reserves worth $11 billion from ove....