Central Bank Buying Gold 2024 Sofie Eleanore In the second quarter of 2024, central banks bought 183 tonnes of gold, marking a 6% increase year over year The National Bank of Poland, the Reserve Bank of India and the Central Bank of Turkey Demand for gold bank purchases/sales of gold in tonnes (Source: IMF IFS, central banks, WGC) (credit: PR) The Reserve Bank of India continued its buying streak that lasted every month of 2024
Central Bank Buying Gold 2024 Sofie Eleanore Investors should buy gold even as the metal hovers around record-high prices, according to Bank of America investment strategist Michael Hartnett In a note on Thursday, Hartnett said investors Gold and gold-mining stocks have surged, driven by a weaker USD and central bank buying, with RING outperforming other gold ETFs RING offers diversified global exposure to gold mining companies 2-Year US Treasury Note Continuous Contract $104313 0008 001% 5-Year US Treasury Note Continuous Contract $110250 0000 000% 10-Year US Treasury Note Continuous Contract $114734 0000 The National Bank of Poland (NBP), also known as the Narodowy Bank Polski, became the joint biggest gold buyer amongst central banks in the second quarter of 2024 Net buying in the first
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