Central Banks Continue to Show Strong Demand for Gold in 2023, Says World Gold Council Report – Economics Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Entertainment Entertainment Headlines News

Entertainment Entertainment Latest News,Entertainment Entertainment Headlines

The World Gold Council report explains that Turkey was the largest gold buyer, adding 23 tons to its central bank's stash.

According to Krishan Gopaul, the author of the report, many purchases came from Turkey, China, and Kazakhstan. “In January, central banks collectively added a net 31 tonnes to global gold reserves ,” Gopaul wrote. “This was also comfortably within the 20-60t range of reported purchases which has been in place over the last 10 consecutive months of net buying.”

China came in second, with the People’s Bank of China acquiring 15 tons during the same time frame, as Gopaul detailed. “The National Bank of Kazakhstan increased its gold reserves by a modest 4 tons in January, taking its gold reserves to 356 tons,” the WGC author explains. The report notes that the data is based on International Monetary Fund records, and some of the data may be revised during the next WGC monthly report.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Let's see how this age

Yeah some one stole 15 tons of gold from the Pacific hope they return the future investment in world peace

Did they dilute their own currency to buy gold 🤔

Where did they get the money to buy gold?

Why isn’t the price moving? Too much leverage and paper piled onto the real thing.

Why isn’t the price moving? Too much leverage and paper piled onto the real thing.

Why isn’t the price moving? Too much leverage and paper piled onto the real thing.

Soon they are gonna find out about the digital gold.

Check on moonopoly_erc20 launching in this month, moonopoly is calling you now before is too late, being early is great opportunity for you,, For more info, M00N0P0LY Dyor Telegram

Check on moonopoly_erc20 launching in this month, moonopoly is calling you now before is too late, being early is great opportunity for you,, For more info, M00N0P0LY Dyor Telegram

Bitcoin Gold Get with the times people 🤦‍♂️

Bitcoin Gold Get with the times people 🤦‍♂️

Nice, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!

Nice, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in ENTERTAİNMENT

Entertainment Entertainment Latest News, Entertainment Entertainment Headlines