Tag: Tomasz Gessner

Poland on the path to join the top countries with largest gold reserves – we already have 420 tons!

The National Bank of Poland (NBP) continues to ensure the financial stability of the country. According to the President of the NBP, we currently...

In a few hours, the Polish National Bank’s decision on interest rates – markets predict no changes

In a few hours, we will know the decision of the Monetary Policy Council regarding interest rates. The rates were last changed exactly a...

Gold Hits New Records: Price Nears 2700 USD per Ounce

Gold stealthily sets new records, and investors are rubbing their hands! The price of gold, surpassing another threshold, is approaching 2700 USD per ounce,...

Gold hits another record! All because of the start of rate cuts in the USA

The price of gold skyrocketed to a historic high, reaching $2600 per ounce on Wednesday night! This is nearly a 25% increase since the...

Almost 30 Billion PLN in 8 Years: How the National Bank of Poland Profited from Gold Investments

The National Bank of Poland (NBP) continues to work relentlessly in ensuring the financial stability of the country. Thanks to strategic purchases of gold...

Arguments for maintaining interest rates by the Monetary Policy Council prevail

Today, the Monetary Policy Council will make a decision regarding interest rates. Market consensus suggests that the cost of money will remain unchanged, maintaining...

Gold Hits Historic High, Surpassing $2500 per Ounce

Gold has never been so expensive. Its prices over the past long weekend reached a historical record, specifically on Friday, exceeding the round barrier...

Global demand for gold reaches historical highs

According to the report published by the World Gold Council for the second quarter, the record demand from central banks in the first half...

The Emergence of The Unit: A New Decentralized Monetary Ecosystem for BRICS+

The new decentralized monetary ecosystem of BRICS+ countries, named The Unit, is about to be unveiled, potentially overturning the current rules of the game....

In Poland: Monetary Policy Council Expected to Keep Interest Rates Unchanged at 5.75% Today

Today, we will learn the latest decision of the Monetary Policy Council regarding interest rates. The market consensus suggests that, as in previous meetings,...

Central banks are going crazy for gold. The National Bank of Poland sets a record and moves up in the rankings

Central banks are not slowing down and are doubling their demand for gold, setting a new record in the first quarter of 2024. According...

The Monetary Policy Council in Poland Unlikely to Find Reasons for Rate Cuts Soon

Today, we will learn about another decision by the Monetary Policy Council regarding interest rates. Market consensus assumes that the rates will remain unchanged...

Gold Prices Hit New Records: Potential Short-Term Correction and Future Drivers

The topic of rising gold prices has definitely dominated recent days. Around midnight, new records were tested, this time at the level of around...

Interest rates unchanged? Economists do not expect surprises

The March Monetary Policy Council meeting regarding interest rates will be the third one this year. Economists unanimously predict that we should not expect...
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