Gold reserves

Tanzania’s government has introduced a bold policy requiring large-scale gold miners and traders to refine and sell at least 20% of their gold output domestically, primarily to the Bank of Tanzania (BoT). The policy aims to bolster foreign…

In a significant shift in the global financial order, gold has overtaken the euro as the world’s second-most important reserve asset, according to a recent report from the European Central Bank (ECB). This remarkable change has been driven…