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23.11.25 - 04:12
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Central Bankers Disagree About Gold (ZeroHedge)
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Central Bankers Disagree About Gold
Authored by Vincent Cook via The Mises Institute,
With the fiat US dollar price of gold multiplied 2.6x since October of 2022 (as of October 20, 2025 when this was written) and rising exponentially (Figure 1), some people are deeply worried that something is seriously wrong with the dollar and with the global financial system generally. Is the soaring price of gold a sign of monetary instability? Or is it just a transitory “nothingburger”?
Figure 1: Gold spot price per troy ounce, most recent five years
Central bankers are now being asked such awkward questions, and they are giving sharply divergent answers. During a Q&A session at a convention of business economists on October 14, Federal Reserve Board Chairman Jerome Powell responded:
EMILY KOLINSKI MORRIS: You used the term gold standard. And you didn't mean it in this context that I'm going to pivot here, because there's a question from the audience that's getting a lot of upvotes. So, one of y...
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21.11.25 - 13:30
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Forex watch: India′s reserves jump $5.54 bn; gold vaults total kitty to $692.57 bn (Times of India)
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India's foreign exchange reserves saw a significant jump of over five billion dollars. This surge, ending November 14, pushed total reserves to nearly 700 billion dollars. The Reserve Bank of India reported that increased gold valuations were the primary driver. Foreign currency assets also saw a modest rise. This marks a strong recovery after a decline in the previous week....
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21.11.25 - 11:18
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Gold Declines As Dollar Gains After Jobs Data (AFX)
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WASHINGTON (dpa-AFX) - Gold prices declined on Friday as Fed rate cut hopes faded and Ukrainian President Volodymyr Zelensky agreed to work on the 28-point peace plan drafted by the U.S. and Russi......
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