Gold Again Exceeded the $4,100 per Ounce Threshold After the U.S. Elections. Central Banks Increased Their Purchases by 42%

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Gold returns above the $4,100 threshold after the mid-term U.S. elections, under conditions where central banks continue to increase their reserves, and the demand for yellow metal to...

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Gold returns above the $4,100 threshold after the mid-term U.S. elections, under conditions where central banks continue to increase their reserves, shows an analysis by Tavex specialists.

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After weeks of strong fluctuations, the price of gold has again exceeded the threshold of $4,100 per uncie troy. The latest data from the World Gold Council shows that, despite the price correction, central banks continue to [...]