Trump departs South Korea
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14hon MSN
Dancers, golf gifts and gold crowns: Trump is feted by Asian allies grappling with his policies
The president seemed to relish his reception from leaders of Asian allies and partners who sought his favor even as their countries are reeling from the impact of his policies.
South Korea announced they’ve reached an agreement on details of the trade deal with the U.S., following the bilateral meeting between President Lee and President Trump.
South Korea and Madagascar could join the growing number of other central banks increasing their gold holdings. In the first half of 2025, central banks globally added 415 tonnes of gold to their reserves based on official numbers compiled by the World Gold Council. Some countries, including China, have added even more gold through back channels.
South Korea's central bank is considering gold purchases for reserves in the medium-to-long-term, Heung-Soon Jung, head of reserve investment division at the Bank of Korea told a precious metals conference on Tuesday.