Central Banks Continue Gold Buying Spree
In 2022, central banks charted the highest level of net gold purchases on record, and 2023 could see a similar buying spree
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In 2022, central banks charted the highest level of net gold purchases on record, and 2023 could see a similar buying spree
Central Banks are buying up gold in a hurry, with total purchases last year increasing by 152% from 2021
© Provided by Xinhua BEIJING, Feb. 7 (Xinhua) -- China gold reserves rose to 65.12 million ounces at the end of January, up 480,000 ounces from the end
Central banks have added another 31 tons of gold, bringing total gold holdings to the highest level since 1974
This comes after the biggest jump of 2022 which ended on October 28 last week, when the reserves swelled to $531.08 Bn, , rbi banking, gold reserves, reserve bank of india