major gold buyers


Central bank buyers
Bloomberg reported that reserve banks now jointly hold more than 33,000 tonnes of the metal. The news organization said this is approximately one-fifth of all the gold ever mined. Who Are The Central-Bank Buyers? From 2016 to the very first half of 2018, most purchases were by a handful of reserve banks, consisting of Russia, Kazakhstan and Turkey, Liang reported. Individualss Bank of China, on the other hand, has been obvious by its lack considering that 2016. Main banks are not only buying more gold than over the last few years, but a number of new buyers have actually gone into the fray. Liang said, Russia has continued to buy gold along the lines of 50 to 60 tonnes per […]

What Central Banks Bought Gold In 2018?