Central banks’ gold demand hits report stage


Central banks’ gold purchases rose dramatically within the third quarter of 2022, in response to knowledge from the World Gold Council.

Whole gold acquisitions reached virtually 400 tonnes within the final quarter, the WGC stated. This takes complete gold purchases to 673 tonnes up to now in 2022, which already is the very best stage of any full 12 months since 1967.

“That is the most important single quarter of demand from this sector in our information again to 2000, and virtually double the earlier report of 241 tonnes in Q3 2018,” says

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