Is central bank gold buying back? WGC report suggests October was the biggest month for inflows
After central banks posted record levels of gold in 2022 and 2023, the lull of 2024 appears to be regaining momentum ...
Business Times27d
China’s central bank pauses gold purchases for sixth straight month
According to the World Gold Council, gold purchases by global central banks, active in 2022-2023, are set to decelerate in 2024 but remain above pre-2022 levels. This is partly due to the People’s ...
Seeking Alpha29d
What's Driving Gold? Central Banks And Hedging Are Key Factors
What’s driving gold these days? Two factors deserve to be on the short list of likely candidates: central bank purchases ... ramped up purchases of gold, reports the World Gold Council, a ...
Business Insider12d
Gold could jump 11% next year as central banks ramp up their buying spree, Goldman Sachs economist says
The price of gold could hit $3,000 an ounce next year as central bankers continue to scoop up the precious metal, Samantha Dart, the co-head of commodities research at Goldman Sachs, said.
Business Times6d
The world’s biggest buyers of gold are now among East European central banks
“And for that, we need an asset with zero correlation to stocks, and that asset is gold.” The Czech policymaker isn’t alone in accelerating bullion purchases ... to the World Gold Council’s latest ...
moneycontrol.com6d
The world’s biggest buyers of gold are now among East European Central Banks
The Czech policymaker isn’t alone in accelerating bullion purchases ... of gold globally in the second quarter, according to the World Gold Council’s latest data. Poland’s central bank ...