Driven by factors such as strong global gold exchange-traded fund inflows and over-the-counter (OTC) demand, gold’s ...
Stoeferle, whose annual "In Gold We Trust" report is considered a must-read in the precious metals space, highlighted the unprecedented surge in central bank gold purchases as a key factor driving ...
Based on available reported data, central ... of the buying was limited to those who have been active in recent months: It was also announced in December that gold reserves at the Bank of Finland ...
The LBMA Gold Price AM in USD fell in December while the Shanghai Gold Benchmark Price PM in RMB rose, supported by a ...
"My analysis stems from persistent global uncertainty, central bank buying patterns and monetary policy shifts," he says. Some experts anticipate moderate gains for gold this year. This bullish ...
This upward momentum has been driven by US monetary easing, persistent geopolitical tensions, and record central bank ... Gold price trades near $2,630.00 per troy ounce on Thursday, with the ...
and central bank net gold buying exceeded 1,000 metric tons in 2022 and 2023 and hit new records in early 2024 — a trend that's likely to continue in 2025, he said.
It attributed two key reasons -- hedging against geopolitical risks and central bank demand in emerging markets. "Gold's unshakable bull market remains our most constructive conviction for the ...
(Reuters) - Gold (GC=F) prices were set to end a record-breaking year on a positive note on Tuesday as robust central bank buying, geopolitical uncertainties and monetary policy easing fuelled the ...