The U.S. Treasury can draw up to $700 billion in new funding from its gold revaluation account at the Federal Reserve. Read more here.

According to the Federal Reserve Bank of St Louis, the Fed banks holding gold certificates value them at $42.22 per troy ounce. That figure pales in comparison to the $3,037, ...

Elon Musk’s Department of Government Efficiency (D.O.G.E) has its next mission: find out if Fort Knox actually holds the 4,580 tons of gold it claims to have. Elon was pulled into the debate ...

Since its precipitous fall in mid-April, the SPDR Gold Trust (ETF) (NYSEARCA:GLD) has been largely range-bound ever since, both struggling to recover and testing previous lows repeatedly.

Central banks' gold stockpiles are close to levels last seen in the 1960s. Combined with gold's soaring price, it is now second only to the U.S. dollar as their biggest reserve holding in value ...

Meanwhile, the Reserve Bank of India transferred 100 metric tons of gold from the U.K. to domestic vaults, making it one of the largest gold movements since 1991, NDTV reported in June 2024.