With over a third of its imports consisting of gold reserves, the UAE has emerged as a significant hub for gold transactions. The primary markets for the UAE include India, Switzerland ...

Second, central banks hold large gold reserves. For example, the New York Federal Reserve Vault holds around 6,331 metric tons of gold (2024) — just over 3 % of all above‑ground gold and roughly 38 % ...

Investor attention was on President Trump's criticism of Federal Reserve Chair Jerome Powell and the ensuing ... citing excessive U.S. tariffs. Concurrently, gold prices topped $3,500, hitting an ...