Kitco.com: Central banks are turning to gold as they lose faith in bonds – ANZ

Feb 23, 2024

https://kitco.com/news/article/2024-02-22/central-banks-are-turning-gold-they-lose-faith-bonds-anz (Kitco News) – Central banks have been solid gold buyers for more than a decade; however, their appetite has become insatiable in the last two years as global reserves have risen by more than 1,000 tonnes in both 2022 and 2023. Commodity analysts at ANZ noted that in the last two years central bank gold purchases as its share in global demand has tripled, representing between 25% and...

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