Gold fever! Despite gold prices at record high, central banks add yellow metal to forex portfolio; but RBI isn’t buying as much as last year
Central banks continued gold purchases in August, adding 15 tonnes to reserves despite elevated prices, as they diversify away from US debt. The National Bank of Kazakhstan led buying. Global uncertainties and limited supply support continued demand for gold.
Central banks continued gold purchases in August, adding 15 tonnes to reserves despite elevated prices, as they diversify away from US debt. The National Bank of Kazakhstan led buying. Global uncertainties and limited supply support continued demand for gold. What's Your Reaction?
