✉news BusinessBanking first seen 4 d ago, last 3 d ago, peak #23
China and Poland central bank gold buying puts floor under $4,000 price
Original: China, Poland’s Central Bank Gold Buying Spree Creates a $4K Price Floor
Heavy gold purchases by China's and Poland's central banks are being credited with establishing a price floor around $4,000 per ounce. Sustained official-sector demand is viewed as a key support for bullion prices, with analysts watching whether other central banks follow suit as reserves shift away from the dollar.
Why now: Gold prices hovering near record levels have focused attention on central bank buying as the main driver of support.
Rank over time, top of the chart is #1. 14 snapshots from 4 d ago to 3 d ago.
Evidence
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