Baku 11° C
Gold reserves near 3,000 tonnes
Finance
- 13 January, 2020
- 06:46
Add Report.az to preferred Google sources
Stay up to date with the top news!
In 2019, the gold in the international funds amounted to $141 billion, up 37% from 2018, Report informs citing ‘Global gold-backed ETF holdings and flows 2019’ of the World Gold Council (WGC).
According to the data, gold reserves increased by 400 tonnes to 2,881 tonnes in 2019, hitting a new record high in the history of gold.
In 2019, global uncertainties and trade wars directed the investors to the gold as a ‘safe port.’
Author
Latest News
10:44
China seeks closer ties between Chinese and Azerbaijani ruling parties
Foreign policy
10:26
Photo
Azerbaijani, Italian military experts attend training course in Baku
Military
10:26
Photo
Azerbaijani NGO Cooperation Forum kicks off in Ganja
Domestic policy
10:22
Photo
Hungary expresses interest in Azerbaijan's ASAN Service and volunteer program
Foreign policy
10:07
Azeri Light crude nears $107 per barrel
Energy
09:49
Police officer, suspect killed in US shootout
Other countries
09:46
Azerbaijan holds 24th place in UEFA rankings
Football
09:43
WB: Azerbaijan reduces external debt amid rising levels across Europe, Central Asia
Finance
09:40
Photo
Azerbaijan, Ukraine adopt cooperation plan at Uzhhorod meeting
Energy