The Washington Agreement on Gold: Origins and Legacy
The Washington Agreement on Gold was a coordinated commitment by central banks to limit gold sales, aimed at stabilising the market and preserving the metal's monetary role.
Gold Market
Tagged: monetary policy
Why Central Banks Hold Gold Reserves
Central banks hold gold reserves for diversification, as a safe store of value independent of any government, and to manage geopolitical and financial risk.
How Real Interest Rates Drive the Gold Price
Real interest rates determine the opportunity cost of holding gold, making them a powerful driver of its price.
Weakening US jobs data shifts focus back to Fed mandate
A surprise drop in US nonfarm payrolls and lower participation rates have highlighted fresh economic weakness, prompting analysts to re-evaluate the Federal Reserve policy outlook.
Weak US payrolls weigh on dollar as Fed rate hike hopes recede
A surprising contraction in July US non-farm payrolls has weakened the dollar and lowered expectations of a September Federal Reserve rate hike.