"Gold Settlement" will take place via big commercial banks, much like today, or perhaps via some unified clearinghouse system ...

As Yasam Ayavefe points out in his economic evaluations, the dollar remains the backbone of the global financial system. Yet ...

Russia, during the upcoming Brics summit at Kazan, is expected to push for a new international payment platform that it hopes would rival the current system of fiat money — and gold could be a crucial ...

Gold eased, pressured by a rising US dollar after President-elect Donald Trump warned the so-called BRICS nations that he would require commitments that they would not move to create a new currency.

The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, have had many discussions about establishing a new reserve currency backed by a basket of their respective ...

(Bloomberg) -- Gold eased as the dollar strengthened, with investors looking ahead to key US data due on Friday that may offer clues on the Federal Reserve’s interest-rate decision later this month.

Gold’s global demand in the recent past is dictated by global disruptions due to America’s trade and tariff postures. This common perception is partially correct. One of the major reasons for the ...