GgoogleJP first seen 19 h ago, last 19 h ago, peak #1
Central banks continue gold buying spree in August
Original: 金
Central banks extended their summer gold-buying surge into August, according to new reserve statistics compiled by Fx678. The data shows continued official-sector demand for bullion, a trend analysts link to diversification away from the dollar and hedging against geopolitical risk. Sustained central bank purchases have been a key support for gold prices this year.
Why now: Fresh monthly reserve data confirming central banks kept buying gold is drawing attention amid elevated gold prices.
Evidence
- 各国央行黄金统计：央行8月延续夏季购金热潮_外汇动态报道 · 汇通网 Fx678
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