Central Bank of Ireland Bolsters Economic Security by Doubling Gold Reserves the Central Bank of Ireland notably doubled its gold reserves in 2022, expanding its holdings from six to twelve metric tonnes. This strategic decision, articulated by then Finance Minister Pascal Donohoe, was aimed at diversifying the bank’s long-term investment approach to enhance the resilience of its balance sheet. This move underscores the role of gold as a key component in safeguarding financial stability amidst the volatility of modern investment avenues. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Cryptocurrency Market Climbs Over $2 Trillion, Led by Bitcoin READ MORE US inflation increases moderately; consumer spending boosts Q2 outlook READ MORE Analysts Predict Brighter Prospects For Gold Ahead in 2024 READ MORE Fed’s Powell downplays potential for a rate hike despite higher price pressures READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
