Will Basel-III Changing Gold’s Status as a Reserve Asset for Banks Change the Future?

Spread the love   The Bank of International Settlements under Basel-III changed the status of gold as a reserve asset effectively on April 1, 2019. Gold used to be viewed by the banks as a risky asset and classified under “Tier-3”, which meant it was considered risky and could only be carried on the books … Continue reading Will Basel-III Changing Gold’s Status as a Reserve Asset for Banks Change the Future?