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physical gold and silver

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Gold Rates

We Sell
40,384.63 € / kg
-13.42
-0.03%
1,298.40 € / toz
-13.42
-0.00%

We Buy
39,743.60 € / kg
-13.21
-0.03%
1,277.79 € / toz
-13.21
-0.00%

Gold Silver
Kgs Ounce


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Market Information

18-05-2012

National Bank of Greece Had Negative Equity at Year End

National Bank of Greece, the oldest Greek commercial bank, saw its financial condition so damaged by the crisis that it was operating with negative shareholder equity at the end of last year.

The bank revealed its precarious financial position in a filing with the Securities and Exchange Commission yesterday. According to the filing, the bank’s shareholder equity was $5,632,572 in the hole as of Dec. 31, 2011.


It's not clear whether National Bank continues to operate with negative shareholder equity. It has received government aid in recent months which may have tipped its shareholder equity position back into positive territory. The Hellenic Financial Stability Fund has promised to provide up to 6.9 billion euros to recapitalize National Bank.

The bank has said that it...

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18-05-2012

Forget Greece, China Biggest Risk to Global Economy: Faber

Forget Greece, which is an "insignificant" economy, it is China that poses the biggest risk to the global economy, Marc Faber the editor and publisher of the Gloom, Boom and Doom report told CNBC on Friday.
"I think the biggest risk is...

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18-05-2012

Fitch Cuts Greece As Leaders Spar Over Euro Membership

Greece’s credit rating was downgraded one level by Fitch Ratings on concerns the country won’t be able to muster the political support needed to sustain its membership in the euro area as leaders began campaigning ahead of the second...

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GoldRepublic Seminar

GoldRepublic periodically organizes seminars for its clients and other interested people. The following ‘GoldRepublic seminar’ will be held on May 23rd 2012 in Rotterdam. Please be aware that the seminar is in Dutch.

Click here for more information about the seminar (in Dutch) and the registration form.