Global Banking Monitor

Monday, May 6, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...

Tag: gold

World Gold Council Explores the Determinants of Gold’s Price Movement

During periods of turmoil, gold tends to make headlines as fans of the precious metal argue it can act as a safe haven. But...

Central Banks Increase Gold Reserves Amid Accelerated De-Dollarisation Efforts

Central banks across the world may continue with the gold buying spree in the coming months. Amid the recent downgrade of the US by...

Venezuela’s Gold Reserves Drop by Nearly 12% in Six Months

Venezuela's gold reserves fell by eight metric tons in the year's first half, central bank data showed on Friday, continuing a years-long reduction in...

Central Banks’ Gold Demand Falls as Turkey Conducts Massive Sales

Central banks’ gold demand fell for a third straight quarter as massive sales by Turkey outshone buying elsewhere. Net purchases by the institutions declined 64%...

Gold Rises as Top Central Banks Adopt More Cautious Approach

Gold yesterday settled up by 0.5% at 60082 as top central banks switch to a more cautious posture about further moves in their year-long...

Major Gold Seller Among Central Banks Poised to Offload More

In a turnaround that’s already taken it from one of the world’s biggest gold buyers to a top seller this year, Kazakhstan’s central bank...

Gold outshines stocks and real estate as preferred long-term investment choice of Americans

American investment preferences have shifted in response to ongoing economic insecurities, according to a new Gallup poll. When asked which is the best long-term investment,...

China’s Central Bank Increases Gold Reserves for the Fifth Consecutive Month

China boosted its gold reserves for a fifth straight month, extending efforts by the world’s central banks to boost their holdings of the precious...

Investors Concerned About Deutsche Bank’s Fate Look to Gold as a Safe Haven

After Silicon Valley Bank became the second-largest bank of all time to fail, investors and analysts across the world have been sounding alarm bells....

Banking crisis prompts investors to shift from oil to gold

The sudden collapse of Silicon Valley Bank has sent shockwaves through the entire financial sector and marked the biggest bank failure since the 2008...

Gold Gains Popularity as Investors Flee Risky Assets Following SVB’s Collapse

Gold extended gains and copper dropped as the collapse of Silicon Valley Bank soured risk sentiment and curbed expectations for more aggressive rate hikes...

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