Gold reserves – Page 5 – THE OVAL CIRCLE

Venezuela to challenge UK’s ruling that denies access to its gold stored in Bank of England vaults

Posted on July 26, 2020July 26, 2020By Editor

Caracas has won the right to file a court appeal on the decision of the English High Court, which blocked the Maduro government from getting back $1 billion in gold held by the Bank of England. … Read More >Venezuela to challenge UK’s ruling that denies access to its gold stored in Bank of England vaults

Russia has enough reserves to cope with Covid-19 crisis – PM Mishustin

Posted on July 24, 2020July 24, 2020By Editor

The Russian government’s revenues and vast reserves have enabled the country to remain stable and deal with the coronavirus pandemic, Prime Minister Mikhail Mishustin said on Wednesday … Read More >Russia has enough reserves to cope with Covid-19 crisis – PM Mishustin

Russia’s Far Eastern region boosts gold production despite pandemic

Posted on July 23, 2020July 23, 2020By Editor

Gold output in Russia’s Chukotka Autonomous Region has increased by 6.7 percent over the first six months of the year, amounting to more than 11.5 tons. … Read More >Russia’s Far Eastern region boosts gold production despite pandemic

Russia continues stockpiling gold, adding $2.7 billion to forex reserves

Posted on July 12, 2020By Editor

Russian gold and foreign currency holdings hit almost $569 billion as of July 1, according to the latest data released by the country’s central bank. … Read More >Russia continues stockpiling gold, adding $2.7 billion to forex reserves

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Russian Foreign Ministry Decries London Court’s Ruling on Venezuelan Gold

Posted on July 5, 2020July 5, 2020By Editor

Moscow considers the London High Court’s ruling to deny Venezuelan President Nicolas Maduro’s right to withdraw Venezuela’s UK-stored gold assets outrageous, the Russian Foreign Ministry said on Saturday. … Read More >Russian Foreign Ministry Decries London Court’s Ruling on Venezuelan Gold

Russia boosts forex reserves despite Covid-19 pandemic, raising them to almost $570 BILLION

Posted on July 4, 2020July 4, 2020By Editor

Russian gold and foreign currency holdings have increased to a total of $568.3 billion, according to the latest data released by the country’s central bank. … Read More >Russia boosts forex reserves despite Covid-19 pandemic, raising them to almost $570 BILLION

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UK court recognizes Juan Guaido as ‘unequivocally’ Venezuela’s president in legal fight for tons of gold

Posted on July 4, 2020July 4, 2020By Editor

The UK High Court has ruled that Venezuela’s legitimate president is in fact its self-proclaimed leader Juan Guaido, and not the elected Nicolas Maduro, in a bizarre legal battle for $1 billion of gold bullion. … Read More >UK court recognizes Juan Guaido as ‘unequivocally’ Venezuela’s president in legal fight for tons of gold

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Battle for the Gold: Venezuelan Rivals President Maduro and Western-Backed Guaido Tussle for Power

Posted on July 2, 2020July 2, 2020By Editor

Venezuela’s Central Bank filed a claim in a commercial court in London earlier in June to force the Bank of England to transfer some $1.13 billion-worth of its gold, stored there for safekeeping, to enable President Nicolas Maduro to fund Caracas’s COVID-19 pandemic response. … Read More >Battle for the Gold: Venezuelan Rivals President Maduro and Western-Backed Guaido Tussle for Power

Venezuela in legal battle to get its gold back from Bank of England

Posted on June 25, 2020June 25, 2020By Editor

The UK’s High Court is set decide this week on the fate of Venezuela’s gold held by the Bank of England, with the Venezuelan government and the opposition fighting for the overseas bullion reserves. … Read More >Venezuela in legal battle to get its gold back from Bank of England

Russia’s gold production enjoys year-on-year surge of almost 10% in just ONE MONTH

Posted on June 20, 2020June 20, 2020By Editor

Gold output in Russia continued to grow, surging by 9.6 percent from January to February compared with the same period of last year, said the country’s Ministry of Finance. … Read More >Russia’s gold production enjoys year-on-year surge of almost 10% in just ONE MONTH