Section

Central banks may scale back gold purchases in 2024, reports World Gold Council

By Economic Times - 4 weeks ago
Central banks are expected to purchase less gold in 2024 compared to 2023, when they bought 1,037 tonnes. August saw the lowest net purchases since March, with significant activity from Poland, Turkey, and India. Although overall demand has decreased, emerging market central banks remain active buyers.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.