Tag: World Gold Council

• Thursday, May 19th 2011 - 21:47 UTC

  Central banks in ‘gold rush’ to diversify reserves

  

  Mexico, Russia and Thailand added gold now valued at about 6 billion US dollars to their reserves in the first quarter of 2011 as metal prices advanced to a record, the dollar weakened and US Treasuries lost investors money.

• Thursday, February 17th 2011 - 22:54 UTC

  Gold, silver, platinum soar on fears of growing inflation

  

  Gold rose Thursday to a one-month high as rising consumer prices in United States and the UK boosted investor demand for an inflation hedge. Silver touched a 30-year high.