Gold standard http://www.globalpost.com/taxonomy/term/26293/all en Gold Rush: Germany brings home hundreds of tons of gold from Cold War havens http://www.globalpost.com/dispatch/news/thomson-reuters/130116/update-1-germany-brings-home-gold-cold-war-havens <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> Germany's central bank plans to bring home hundreds of tonnes of gold, part of the reserves it kept in the United States and France during the Cold War for safety from any Soviet invasion. </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><span style="letter-spacing: 0px; line-height: 1.2;">By Eva Kuehnen</span></p> <p>FRANKFURT, (Reuters) - Germany&#39;s central bank <a href="http://www.latimes.com/news/world/worldnow/la-fg-wn-germany-gold-20130116,0,3802325.story">plans to bring home hundreds of tons of gold</a>, part of the reserves it kept in the United States and France during the Cold War for safety from any Soviet invasion.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130116/update-1-germany-brings-home-gold-cold-war-havens" target="_blank">read more</a></p> Economics Economy of Europe Germany Gold standard Matter Germany Global Economy Thomson Reuters Wed, 16 Jan 2013 19:29:00 +0000 Thomson Reuters 5735201 at http://www.globalpost.com London gold-fix banks accused of manipulation in U.S. lawsuit http://www.globalpost.com/dispatch/news/thomson-reuters/140305/london-gold-fix-banks-accused-manipulation-us-lawsuit <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON (Reuters) - The five banks involved in setting the London benchmark gold price have been accused in a lawsuit of price manipulation, a filing with a U.S. federal court in New York showed.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140305/london-gold-fix-banks-accused-manipulation-us-lawsuit" target="_blank">read more</a></p> Economics Financial economics Gold standard Thomson Reuters Wed, 05 Mar 2014 15:05:26 +0000 Thomson Reuters 6087521 at http://www.globalpost.com 'Strong support' for gold market reform: industry body http://www.globalpost.com/dispatch/news/afp/140707/strong-support-gold-market-reform-industry-body <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The World Gold Council, an influential industrial body, said Monday there is "strong support" for its plan to reform a century-old method of setting the price of gold in London.</p> <p>"There was strong support for the World Gold Council's key principles for reform," senior WGC official Natalie Dempster said in a statement after a meeting here to discuss changes.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2014.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/140707/strong-support-gold-market-reform-industry-body" target="_blank">read more</a></p> Financial economics Gold standard Investment AFP Mon, 07 Jul 2014 17:46:27 +0000 Agence France-Presse 6198318 at http://www.globalpost.com London gold market moves step closer to reform http://www.globalpost.com/dispatch/news/afp/140716/london-gold-market-moves-step-closer-reform <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>London's gold market moved a step closer to reform of a century-old method of setting the price of gold, authorities said Wednesday.</p> <p>London Gold Market Fixing Limited -- comprising four banks that set the gold fix twice per day -- announced in a statement that it has begun searching for a new company to oversee the scandal-hit process after top-level reform talks.</p> <p>"LGMFL announces ... its intention to appoint a third party administrator to assume responsibility for the administration of the gold fixing process," it said.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2014.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/140716/london-gold-market-moves-step-closer-reform" target="_blank">read more</a></p> Business Financial economics Gold standard Politics AFP Wed, 16 Jul 2014 15:36:02 +0000 Agence France-Presse 6206526 at http://www.globalpost.com