Tag: World Gold Council
Posted in Economy
Gold buying by central banks up 10% in Q3
Central banks globally ramped up gold purchases in the third quarter of this calendar year, acquiring a net 220 tonnes of the yellow metal, or…
Posted in Economy
RBI seeks gold comfort over dollar assets
India’s central bank has lately preferred gold to dollar assets. The Reserve Bank of India (RBI) has been adding gold to its reserves since the…
Posted in Economy
Gold on a hot run, central banks and RBI go slow on buys as geopolitics also weighs
Mumbai: Central banks have slowed their gold purchasing, reflecting a cautious approach as they navigate geopolitical uncertainties and elevated bullion prices. However, the long-term trend…
Posted in Economy
Gold fever: Will central banks keep driving the golden surge?
Gold’s relentless rally continues powerful with prices reaching on Friday just cents away from $3,600 per ounce, as weak US jobs data further raised expectations…