Record Gold Bullion Buying by Central Banks Through Q3 2023
SD Bullion
English - November 06, 2023 21:30 - 11 minutes - 21.7 MB - ★★★★★ - 12 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Gold Endgame Starts at $2,000 oz: Where Does It Go?!
Central banks around the world have made a record-breaking move to buy gold bullion in the first three quarters of 2023, acquiring 800 metric tonnes, surpassing the previous year's record. This surge in gold purchases by central banks has been driven by a diversification away from US bonds, even as US interest rates rise.