Introduction

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The primary role of central banks is to manage a nation’ resources and investment policies on the longer term.


Once an official currency, Gold has become a cornerstone of modern reserves management and has been at the heart of central banking for centuries.


According to the IMF, Gold is the third most widely held reserve currency after the US Dollar and the euro, and is held by more than four in five central banks. The World Gold Council reported that there is approximately 34,211 tonnes (EUR 1.7 trillion) of above ground physical gold held by central banks as at 31 December 2020. This represents about 17% of the total above ground stocks of physical gold.


Central banks gold reserves are often tranched into two aspects:

  • Liquidity: To meet short term drawdowns
  • Investment: For longer periods to gain portfolio returns

We propose to assist Central Banks to
BETTER USE of nation’s gold.

ON THE GROUND

We conduct all the necessary services to maximize the benefits of the Domestic Purchase Programme;


  • Quality Control
  • System Integration
  • Risk Management
  • Infrastructure
  • Operations
INTERNATIONAL

We provide a set of services at the international level to answer Central banks needs and demands;


  • Assaying
  • Upgrading
  • Refining
  • Repatriation
  • Minted Products
CUSTODIAN

Together with other services, we provide custodian, storage, and full inventory services for physical gold globally.


Gold Storage locations throughout the world; New York, London, Zurich, İstanbul, Dubai, Singapore, and Hong Kong.

TRADING

We generate international trading opportunities by anticipating access to the global gold markets;


  • Trading Platform
  • Hedging & Fixing
  • Liquidation
  • Market Research
ASSET MANAGEMENT

We actively manage to generate return, reduce credit risk or raise foreign exchange liquidity by the followings:


  • Deposits
  • Swaps
  • Bonds
  • Collateralization
ACCOUNTING

We help monetary authorities recognize and account for monetary gold appropriately and consistently.

GOLD MINED RESEARCH

We consult our clients on all aspects of mineral exploration over a wide range of commodities like surfacegeology studies and mapping.

TRAINING & COMPLIANCE

We provide Central Banks with a clear understanding of the distinct rules associated with the gold industry.

Reasons why central banks hold physical gold in their reserves:


  • Historical position (i.e. legacy holdings)
  • Status as a long-term store of value
  • Return and performance during crisis
  • Safe-haven asset that has limited default and zero credit risk
  • Effectiveness as a portfolio diversifier (i.e. hedging against other reserve assets) and de-dollarization
  • Security to access loans when used as a collateral to securing urgent liquidity for national emergencies and meeting foreign debt obligations
  • Offset trade management
  • International reserves are “those external assets that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy and serving as a basis for foreign borrowing”)
  • Central banks normally appoint a reserves management entity who is normally made responsible to use their nations wealth to enhance economic growth and purchase in local currency to limit depleting their foreign exchange reserves.
  • As an expert reserves management entity, we help Central Banks and Governments to manage their gold production, maintaining adequate gold reserves liquidity, developing a gold trading eco-system and mitigating their associated risks.

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