The FOMC meeting last week was largely a non-event for precious metals, offering no additional hints on the possibility of another round of QE. However, policymakers maintained their call for &lsqu....

Russia and Mexico continued to add tonnes of Gold into their foreign exchange reserves, latest data from the International Monetary Fund (IMF) shows.....

Sharp downside moves in gold prices are triggering massive central bank buying. Gold purchases by central banks have been on the rise over the past years as the unrelenting financial crisis threate....

One major argument of the current gold rally is that it is supported by strong central bank buying. And it remains so. However, such purchases could come down by over 30% in 2012, a report publishe....

The International Monetary Fund (IMF) has rectified an erroneous data with regard to Swedish gold holdings and also issued a statement apologizing for the data error.....

Central bank gold buying surged in 2011 with banks buying close to 471% more gold than in 2010, latest data from a World Gold Council (WGC) report. Q4 2011 buying was at 93 tonnes compared to an 18....

“In two months, we’ve brought 160 tons of gold valued at around $9 billion back to Venezuela....

The role that central banks play is not always clear....

Central banks is expceted to add some 450 tonnes of gold to their existing reserves in 2011....

Net purchases of gold by the official sector came to around 430 tonnes, the highest level since 1964....

Turkey has increased its gold holdings by 41.3% in November, the largest increase in gold purchases for the month, a World Gold Council report states. Korea came a close second with a 15% increase ....

In contrast to the closing months of 2011, gold has begun the new year on a more positive note. Whatever the metal’s short-term prospects — indeed even if gold takes another dive &mdash....

With just a few trading days left in 2011, we can take stock of gold’s performance vis-à-vis other assets. Gold is 13.7% higher in USD, 12% higher in GBP and 14.4% higher in EUR. Gains....

Strong gold ETF inflows and central bank buying are providing excellent support for gold prices despite prices remaining weak after the September crash. COMEX gold is currently trading around $1720....

The Bank of Korea boosted its gold reserves by 38% for the month of November alone following the trend of gold acquisitions by central banks across the world.....

With gold being a part of the forex reserves at just a mere7.9%, India should target buying more gold in the future, a Reserve bank of India (RBI) working paper advises. The 'optimum level of gold'....

Demand for gold bullion remains broad based and global in nature. One of the most important sources of demand continues to be central bank demand. According to data from the IMF, central banks cont....

While maintaining a gold price target of $1875/oz for Q4 2011, Barclays says that even though gold fundamentals are positive on the macro outlook, the need for liquidity and risk aversion will set ....