World Gold Council Says Record Central Banking Buying Lifts Global Gold Demand
Posted on 11/01/2022
According to the World Gold Council, central banks continued to accumulate gold, with purchases estimated at a quarterly record of nearly 399 tonnes of gold that is worth around US$ 20 billion. Total gold supply increased marginally to 1,215 tonnes. These central banks globally have accumulated gold reserves this year at a pace never seen…
