Sentences with phrase «small gold reserves»

India has very small gold reserves and it is dependent totally on the commodities market across the globe to meet the demand for gold.

Not exact matches

The property reserve is too small for the public gold companies to buy.

As for the British example at the end of the 19th Century, in those days currency was part of reserve accumulation, but much if not most reserves were in the form of gold or silver, and while Britain had the most important reserve currency, the difference between central bank holdings of sterling and central bank holdings of other gold - based currencies, like the franc, were pretty small relative to total trade.

Its gold, gas and diamond holdings are few smaller and they're counted by the nation's central bank in its $ 9.7 billion of dwindling foreign reserves, a paltry sum for any country.

Users of Goldmoney's blockchain technology will be able to purchase reserved physical gold in the Mint's Ottawa vault, in increments as small as 35 cents.

With a gold standard and without fractional reserve or central banking, bubbles are small and localized.