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

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— Thomas Love Peacock

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

Freitag - 14.06.2019

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 ……………………

https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/will-basel-iii-changing-golds-status-as-a-reserve-asset-for-banks-change-the-future/

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