Andrey Litvinov

Director

Andrey Litvinov
Education:
  • Moscow University of International Relations
Experience:
  • 2004-present - Director of KALITA-FINANCE s.r.o., Prague
Author's social networks pages:
About the author:
06.24.2021
Central banks are net buyers of yellow metal for 11 consecutive years. According to the World Gold Council, in 2020 the volume of the world gold reserve was replenished by 272.9 tons of bullion. During the active phase of the pandemic, some banks sold their reserves and poured liquidity into the economy.
06.24.2021
Discussions are still under way on how the entry into force of the third Basel Agreement ("Basel III") will affect the gold market. In addition to changing the requirements for bank capital, Basel III contains two completely new conditions for the liquidity of bank assets: a net stable financing ratio and a liquidity coverage ratio.
06.17.2021
According to Bloomberg Intelligence, the yellow metal exchange rate is resuming an upward trend, as evidenced by the lag behind crude oil quotes.