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LAWRIE WILLIAMS: China’s gold-for-oil threat to petrodollar

Lawrence Williams

24 October 2017China's moves to replace the dollar as the global reserve currency may be denied, but with its 'gold-for yuan' option for oil purchases in its own currency it is moving another step closer.

LAWRIE WILLIAMS: Russian gold reserves: Another 34 tonnes added in September

Lawrence Williams

21 October 2017Russia again upped it gold reserves in September with the purchase of 1.1 million ounce (34.2 tonnes) putting it easily on track to add a further 200 tonnes to reserves in the current year.

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