Central Banks Are Buying Record Amounts of Gold for a Reason
In 2022, the world’s central banks bought 1,136 tons of gold, the highest level of annual demand on record dating back to 1950, according to the World Gold Council. And in 2023, the “colossal” buying continued as central banks amassed another 1,037 tons of gold. This year, central bank demand in Q1 was 290 tons, … Read more