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HomeTagsCentral bank buying

central bank buying

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Central Banks Gold Purchases Reached 220 Tonnes in Q3

In recent months, central banks have significantly increased their gold purchases, totaling 220 tonnes in the third quarter of the year, a notable spike compared to the previous period's 166 tonnes.This trend underscores a broader strategy among these institutions aimed at enhancing their gold reserves while navigating an unpredictable economic landscape marked by inflationary pressures and geopolitical tensions.
Olivia Carter -

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