Gold close to US$4,000 an ounce
For the first time in history gold has reached almost US$4,000 per ounce as the US dollar has lost 10% of its value since the start of the year, raising the fear of stagflation in the United [...]
Portugal’s gold reserves gain €25 million per day
The continuing high price of gold is having a positive impact on the value of Portugal’s 383 tonnes of gold reserves – they are gaining in value by €25 million per day. Portugal’s gold [...]
Portugal’s gold reserves hit record €21Bn
The value of Portugal’s gold reserves has continued to appreciate without moving the gold an inch. The Bank of Portugal’s vaults in Carregado (also reserves in the UK, US and France) contain [...]
Bank of Portugal gold worth €21Bn
Portugal’s gold reserves have soared to a new record worth of almost €21Bn on the back of gains by the US dollar. This is despite the fact that bullion prices have fallen on the International [...]
