Gold demand hits record levels as central banks buy at 'eye-watering' pace
"Central banks continued to hoover up gold at an eye-watering pace" in 2024, according to a report by the World Gold Council, as purchases accelerated sharply in the fourth quarter. Total demand last year reached a new high of 4,974 tonnes.
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Top 10 Central Bank Gold ReservesGlobal central banks own about 17 percent of all the gold ever mined, with reserves topping 36,699 metric tons (MT) at the ...
Gold futures rise close to all-time highs on safe-haven and central bank demand. Futures rise 0.7% to $2,948.40 a troy ounce, close to the record $2,968.50 a troy ounce set during Tuesday’s session.
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The world’s demand for gold hit another record high in 2024 amid robust central bank purchases and investment demand growth, ...
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