Tag: Tomasz Gessner

NBP declares an increase in gold reserves. Is almost 360 tons really not enough?

World Gold Council estimates that all central banks collectively hold 36,700 tons of gold, representing over 17% of the world's total gold. Poland's National...

NBP Gold Reserves Growth Paused

For several months last year, we were excited about the periodic gold purchases by the National Bank of Poland (NBP). Purchases that began in...

Monetary Policy Council to Maintain Base Rate Unchanged Amidst Cooling Inflation, Potential Fed Rate Cuts

The first two-day session of the Monetary Policy Council for this year is ahead of us, which will take place unusually - on Monday...

2023 in Review: Gold Shines, AI Makes Breakthroughs, and Bitcoin Beats All

Last year was undoubtedly characterized by volatility. There were opportunities for significant gains as well as losses. Many predictions made at the beginning of...

How much gold should Poland have in its reserves? Were the purchases of assets by the National Bank of Poland justified?

Looking back at the surprising gold purchases of the National Bank of Poland (NBP) in the previous year, which from April until now, total...
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