Not Since 1967 Have Central Banks Purchased This Much Gold
February 02, 2023 at 08:58 AM EST
So far, central banks have been voraciously eating up the global gold supply even with the expectation that rising interest rates will eventually subside. “Central banks added a whopping 1,136 tonnes of gold worth some $70 billion to their stockpiles in 2022, by far the most of any year since 1967, the World Gold Council [...] The post Not Since 1967 Have Central Banks Purchased This Much Gold appeared first on ETF Trends .