Reuters reported that Turkey's central bank has raised its gold reserve coefficients, a move that is expected to boost its gold reserves. “The bank raised its reserve option coefficients for gold by 0.1 points, meaning that banks holding a portion of their lira reserves in gold will now have to provide proportionally more of the precious metal in order to do so,” the article states.China passing Germany as number-two gold holder
Aurizon Recommends No To $780-million Takeover Offer
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.