More central banks signal plans to increase gold holdings, WGC survey shows
A record 45% of 74 central banks said they plan to buy more gold in the coming year, the World Gold Council said.
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15 Articles
More Central Banks Say They're Planning to Buy Gold This Year
More central banks than ever expected to increase their gold reserves, the World Gold Council (WGC) has pointed out in a report published on Tuesday. In its survey of 74 monetary entities, 45% said they plan to buy gold in the coming year, two points more than last year and the highest percentage ever recorded in the data collected by WGC and YouGov since 2018. This record points to one of the key forces behind the historic rise in gold in the l…
More central banks than ever expect to increase their gold reserves this year. This is according to research by the gold industry organization World Gold Council in collaboration with research firm YouGov. Partly thanks to these purchases by, for example, the central banks of China and India, the price of gold has risen to record levels.
More central banks than ever expect to increase their gold reserves this year. This is according to research by the gold industry organization World Gold Council in collaboration with research firm YouGov. Partly thanks to these purchases by, for example, the central banks of China and India, the price of gold has risen to record levels.
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