Central Bank dollar holdings - good for gold, bad for dollar

The latest figures from the US Department of the Treasury show not only how the US liabilities to other central banks have rocketed by 31% over the eleven months to May, but also that the balance of the maturities of these liabilities is shifting towards the short end as major counter parties increase their flexibility.

Gold surges above 950 dollars on plummeting greenback

Gold futures on the COMEX Division of the New York Mercantile Exchange went back above 950 dollars on Friday due to a much lower dollar. Silver and platinum both finished higher.Gold futures on the COMEX Division of the New York Mercantile Exchange went back above 950 dollars on Friday due to a much lower dollar. Silver and platinum both finished.