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Gold Reserve Says Auction Advisor Recommends Unit's US$7.38 Billion Citgo Bid
Gold Reserve said that a court-appointed advisor has recommended Dalinar Energy's US$7.38 billion bid for shares of PDV Holding, the indirect parent company of oil refiner Citgo Petroleum. Dalinar, Gold Reserve's U.S. acquisition subsidiary, was selected as the final recommended bidder, it said in a statement Thursday.
Central banks added a net 20 t to global gold reserves in May, an uptick from the previous month; however, the overall pace ...
France holds the world’s 4th largest gold reserve, valued at over $250B, stored in a secure vault 27 meters beneath the ...
Uzbekistan sold 1 tonne of gold in May. The Uzbek central bank has been the biggest seller of the year, decreasing its ...
“Geopolitical risk is now very prominent in our survey,” said Philipp Salman, a strategist for central banks at UBS Asset ...
The Reserve Bank of India (RBI) has seen a $16.23 billion increase in its gold reserves in 2025, reflecting a rise of 57.48 ...
Central banks added a net 20t to global gold reserves in May, an uptick from the previous month, though overall pace has ...
A US$7.38 billion bid by a subsidiary of miner Gold Reserve has been selected as the preliminary winner of a U.S.
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