Central bank gold demand was up 42%

ArticleBanking crisisMay 16, 2018 - 7:10:22 AM

Net central bank purchases totalled 116.5t in Q1, 42% higher y-o-y and the highest Q1 total since 2014.

Since becoming net buyers in 2010, central banks have bought – on average – 114.9t per quarter.

Net purchases have become more concentrated since the 2013 peak: Russia, Turkey and Kazakhstan collectively account for nearly 50% of net purchases over the last five years...


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