Central bank gold buying gathers steam

Central banks have been buying gold during the first four months of 2021. Over that period, we estimate that the official sector has added 150-200 tonnes of gold. A significant portion of this buying has come from the central banks of Hungary and Thailand, who added 63 tonnes in March and 43.5 tonnes in April, respectively.

Source: Gold

Category: Weekly Blog
Previous Post
Gold reclaims $1,900/oz mark as dollar, yields slip after U.S. data
Next Post
Gold edges higher after U.S. inflation data

1 Comment. Leave new

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.