✉news BusinessBanking first seen 15 h ago, last 8 min ago, peak #1
Central banks kept buying gold through August
Original: Central Bank Gold Statistics: Central banks continue summer spree in August | Post by Marissa Salim | Insights
New central bank gold statistics show that central banks continued their summer buying spree in August, adding to official gold reserves for another consecutive month. The World Gold Council's data, published by Marissa Salim, indicates sustained appetite for gold among official sector buyers despite elevated prices, reinforcing the multi-year trend of reserve diversification away from the US dollar.
Why now: Central bank gold demand remains a key driver of gold prices and market sentiment, so fresh monthly data draws wide attention.
World Gold Councilcentral banks
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- Central Bank Gold Statistics: Central banks continue summer spree in August | Post by Marissa Salim | Insights · World Gold Council
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