Central Banks Buy 77 Tonnes of Gold in August, Helping to Offset Impact of Rising Bond Yields


Central Banks Buy 77 Tonnes of Gold in August, Helping to Offset Impact of Rising Bond Yields



Central banks around the world continue to be a major force in the gold market, helping the precious metal maintain its long-term support levels despite the challenges posed by rising bond yields and a strong U.S. dollar, according to a Kitco News article, which cites data from the World Gold Council (WGC), by Neils Christensen. […]



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