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Central banks added 39 net tonnes of gold in August
Original: Central banks add 39 net tonnes of gold in August with China, Uzbekistan and Poland leading purchases – World Gold Council
Central banks bought a net 39 tonnes of gold in August, led by China, Uzbekistan and Poland, according to World Gold Council data. Continued official-sector buying underscores ongoing interest in gold as a reserve asset, even at high prices, and keeps attention on which countries are expanding their bullion holdings.
Why now: Ongoing central bank gold buying signals sustained demand for the metal amid economic and geopolitical uncertainty.
World Gold CouncilChinaUzbekistanPoland
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