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3232Report: UK Gold Dealer Sold Out of Bullion After Pound’s Record Fall Causes Demand to Skyrocket
https://www.digit.info/report-uk-gold-dealer-sold-out-of-bullion-after-pounds-record-fall-causes-demand-to-skyrocket/
Tue, 04 Oct 2022 08:00:34 +0000https://www.digit.info/2022/10/04/report-uk-gold-dealer-sold-out-of-bullion-after-pounds-record-fall-causes-demand-to-skyrocket/Read more]]>The United Kingdom-based gold dealer, Ash Kundra, has claimed that he recently ran out of gold coins and bars after the demand for the precious metal skyrocketed. The pound’s plunge to a record low versus the dollar, as well as the turmoil in financial markets, is said to be the cause of the sudden increase […]
]]>Zimbabwe Central Bank: Gold Coin Sales to Commence in Late July
https://www.digit.info/zimbabwe-central-bank-gold-coin-sales-to-commence-in-late-july/
Thu, 07 Jul 2022 08:49:50 +0000https://www.digit.info/2022/07/07/zimbabwe-central-bank-gold-coin-sales-to-commence-in-late-july/Read more]]>Starting on July 25, the Zimbabwean public will be able to buy and hold gold coins which weigh one troy ounce each. In addition to their use as an alternative store of value, the central bank says the coins can be traded and used as “security for loans and credit facilities.” Coins to Be Sold […]
]]>Turkey Reveals Scheme That Encourages the Conversion of Gold Deposits Into Lira Time Deposits
https://www.digit.info/turkey-reveals-scheme-that-encourages-the-conversion-of-gold-deposits-into-lira-time-deposits/
Sun, 02 Jan 2022 10:19:43 +0000https://www.digit.info/2022/01/02/turkey-reveals-scheme-that-encourages-the-conversion-of-gold-deposits-into-lira-time-deposits/Read more]]>The Central Bank of the Republic of Turkey recently revealed it made the decision to provide incentives to gold deposit and participation fund holders that request to convert these into lira time deposits, a statement from the central bank has said. Incentives Intended to Boost Financial Stability The Central Bank of the Republic of Turkey […]