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Central Banks Add 41 Tonnes of Gold in May as Record 45% Plan to Buy More

Data showing central banks around the world adding to their gold reserves.Central banks added a net 41 tonnes of gold to official reserves in May, World Gold Council data published July 2 shows, extending a buying wave that has averaged 1,000 tonnes a year over the past four years. A record 45% of reserve managers expect their own institutions to add more within the next 12 […]

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Central Banks Add 41 Tonnes of Gold in May as Record 45% Plan to Buy More

Data showing central banks around the world adding to their gold reserves.Central banks added a net 41 tonnes of gold to official reserves in May, World Gold Council data published July 2 shows, extending a buying wave that has averaged 1,000 tonnes a year over the past four years. A record 45% of reserve managers expect their own institutions to add more within the next 12 […]

(more…)

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Central Banks Add 41 Tonnes of Gold in May as Record 45% Plan to Buy More

Data showing central banks around the world adding to their gold reserves.Central banks added a net 41 tonnes of gold to official reserves in May, World Gold Council data published July 2 shows, extending a buying wave that has averaged 1,000 tonnes a year over the past four years. A record 45% of reserve managers expect their own institutions to add more within the next 12 […]

(more…)

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