November 22, 2024

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Central Banks Kept Purchasing Gold in February; China Continues Gold Run

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Central Banks Kept Purchasing Gold in February; China Continues Gold Run
Central Banks Kept Purchasing Gold in February; China Continues Gold RunCentral banks kept up demand for gold in February, registering net purchases of 19 tonnes. Albeit the purchasing trend continued, purchases fell 58% compared to January’s demand, according to IMF and World Gold Council numbers. China reported the largest gold accumulation, acquiring 12 tonnes to maintain a 16-month gold purchasing streak. Gold Demand Still High […]