Central Bank suffers €75m paper loss as gold plunges

Finance Minister Michael Noonan has revealed that the value of the Central Bank’s gold deposits was €168m at the end of last year – a decrease of €75m on the €243m put on the value of gold at the end of 2012. The reversal last year more than wiped out two years of gains by … Continue reading Central Bank suffers €75m paper loss as gold plunges