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Italian Lawmakers Seek State Control of $300B Gold Reserves
Senators from the Brothers of Italy party seek to clarify ownership of $300 billion in gold reserves, intensifying political pressure on the Bank of Italy's management.
Summary
15 Articles
15 Articles
Italian Lawmakers Push for State Ownership of $300 Billion Gold Reserves
Italian lawmakers from Prime Minister Giorgia Meloni's party have proposed legislation to confirm that Italy's $300 billion in gold reserves belong to the state. The proposal, intended as a budget amendment, seeks to resolve longstanding debates about ownership and potentially address the nation's large public debt.
·India
Read Full Article10 countries hoarding the most gold in central banks
Central banks use gold reserves to protect against inflation, currency risks, and financial crises. The US, Germany, Italy, France, Russia and China hold the largest gold reserves in 2025, securing their economies amid global uncertainties. India and others also increase their holdings.
·Noida, India
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Total News Sources15
Leaning Left0Leaning Right2Center4Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
C 67%
R 33%
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