Singapore adds gold to its reserves, buys 45 tonnes in January gold centralbanks
In the latest central banks gold-buying news, Singapore purchased 45 tonnes of gold in January, the World Gold Council said.
This was the highest monthly purchase on record and the first boost to the country's gold reserves since June 2021, Gopaul pointed out. The records go back to August 2000. Singapore's gold reserves now stand at 198.4 tonnes. "Following the announcement of a ~45 tonne #gold purchase by Singapore, our estimate of global net buying in January has been revised to 77 tonnes ," Gopaul wrote.
— Krishan Gopaul March 6, 2023 This comes after a record-setting year in 2022 when central banks purchased 1,136 tonnes.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nova Scotia knocks off Ontario, will play for Canada Games girls' hockey gold | SaltWireCHARLOTTETOWN, P.E.I. — Nova Scotia knocked off Ontario and now will play for gold at the Canada Games’ girls hockey tournament. Nova Scotia scored a 3-2 ...
Read more »
B.C. residents hit with $956,000 in penalties for promoting fake gold-mining investmentsB.C. Securities Commission got a tip about a trio promoting the U.S. company, Massachusetts and Florida\u002Dbased DFRF Enterprises, in 2015
Read more »
Nova Scotia completes impressive week with curling gold at Canada Winter Games | SaltWireSUMMERSIDE, P.E.I. — The emotion in Calan MacIsaac’s voice said all that was needed. The 18-year-old MacIsaac had just skipped Nova Scotia to a 7-3 victory ...
Read more »
Gold price a bit firmer as Powell, U.S. jobs report in focusSenior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developments
Read more »
Monday's Charts for Gold, Silver and Platinum and Palladium, March 6Get the Big Picture view on gold, silver and other precious metals markets with Kitco Senior Analyst. With thorough analysis, get a sense of today's market as well as where it may be heading. Be in the lead.
Read more »
Jin Young Ko wins LPGA Singapore by two strokesJin Young Ko won for the first time in a year at the HSBC Women's World Championship and hopes this signals a new start from a year of battling injuries that cost her the No. 1 ranking.
Read more »