Tag: Gold Reserves
-
US Gold Market Infographic
The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical gold is actually exchanged between COMEX trading participants, and gold inventories maintained in COMEX vaults in New York are…
-
A Look at the World’s Gold Reserves
Currencies are backed up by gold as a form of security and used as a guarantee of payment. Although the gold standard was abandoned long ago, governments still have confidence in the precious metal and its worth has actually increased in the 21st century. History of Gold Reserves Although having no major chemical use, man…