China’s central bank expanded its gold reserves for a third month in January, even as the precious metal kept rallying to a ...
Central banks stormed back into the gold market in the final three months of last year, playing a key role in the metal ...
“We reiterate that long gold remains our highest conviction trading recommendation across commodities, driven by structural (Central Bank buying) and cyclical (ETF buying) factors,” the ...
Buying and selling locally produced gold has been an effective way for the Bolivian central bank to meet foreign obligations and finance fuel imports, according to the finance minister ...
However, in November, the central bank resumed its gold buying. Global central banks, a major source of gold demand, bought more than 1,000 tonnes of the metal for the third year in a row in 2024 and ...
This process of reserve diversification has included the aggressive buying of gold. “Central bank gold buying is a function of countries not wanting to be overly exposed to dollar assets should ...
Central banks have been leading the charge, purchasing over 1,000 tons of gold for the third consecutive year, with buying accelerating ... The surge in central bank gold purchases signals a ...
The central bank resumed adding gold reserves in November after a six-month halt that followed an 18-month buying spree. The move shows the PBOC’s commitment to diversify reserves even with gold ...
"Central banks continued to hoover up gold at an eye-watering pace" in 2024, according to a report by the World Gold Council, as purchases accelerated sharply in the fourth quarter. Total demand last ...
Bolivia’s government has defended the legality of domestically produced gold purchased by the central bank, following ...