International News
HQLA.Gold -A New Website From The World Gold Council and The London Bullion Market Association
A Definitive Guide To Gold’s Role In Global Banking Stability
High‑Quality Liquid Assets (HQLAs) sit at the core of global banking regulation, designed to ensure financial institutions can withstand periods of market disruption. Traditionally, this category has been dominated by cash and government bonds. But growing market transparency and new data now allow a fresh examination of gold’s liquidity characteristics.
Drawing on Basel III criteria, robust market data, and recent academic analysis, HQLA.gold is a go-to source to explore how gold measures up against the defining features of HQLAs — including low risk, ease of valuation, market depth, resilience under stress, and its role as a flight‑to‑quality asset.
Developed jointly by the World Gold Council (WGC) and the London Bullion Market Association (LBMA), the site brings together regulatory context, market evidence, and clear explanations to help investors, policymakers, and market participants better understand gold’s role within today’s financial system.
WGC and LBMA are committed to working together for the advancement of gold’s reclassification as a High-Quality Liquid Asset.
International News
Massive 11,000-Carat Ruby Uncovered In Myanmar
A massive 11,000-carat rough ruby has been recovered in the famed gem-rich region of Mogok, Myanmar, according to recent state media reports.
Weighing in at 2.2 kg (4 lbs 14 oz), the newly discovered stone is roughly half the size of the legendary 21,450-carat rough gem found in the same region back in 1996. However, experts and state officials report that this new find boasts vastly superior color, luster, and transparency.
Mogok rubies, sourced from the “Valley of Rubies” in Myanmar (Burma), are legendary for their unrivaled vivid color and supreme clarity. They are famous worldwide for their “pigeon blood” red hue, which is caused by trace elements and microscopic silk particles that scatter light and give the gem a glowing, velvety softness.
Key Details of the Discovery:
- Physical Properties: The giant gem exhibits a striking purplish-red color with yellowish undertones, excellent vitreous luster, and moderate transparency. It remains entirely in its natural, untreated state.
- Geopolitical Context: Myanmar supplies roughly 90% of the world’s rubies. However, the nation has been embroiled in a devastating civil war since a 2021 military coup—a conflict that has claimed approximately 90,000 lives and displaced over 3.5 million people.
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International News5 hours agoMassive 11,000-Carat Ruby Uncovered In Myanmar


