Global central banks own about 17 percent of all the gold ever mined, with reserves topping 36,699 metric tons (MT) at the ...

Joe Cavatoni, market strategist at the World Gold Council, said central bank purchases were driven by "concerns about ongoing inflation, geopolitical tensions, and needs to add diversification to ...

"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 ...

I came up with the idea for this article when I came across a piece of gold jewellery that had been gifted to me several ...

Growing mining activity in Bolivia’s Amazon region combined with record-high gold prices are putting the spotlight on the central bank purchases. Last November, opposition lawmaker Andrea ...

Gold priceshit a fresh all-time high on board-based US dollar selling. It hits a high of $2877 and currently trading around $2876. Central Bank Purchases and Demand Trends As of February 5, 2025, ...

Bolivia’s government has defended the legality of domestically produced gold purchased by the central ... The bank has met all traceability requirements, allowing it to purchase and refine ...

The surge in central bank gold purchases signals a strategic shift in global finance, with institutions seeking to reduce reliance on the U.S. dollar amid heightened geopolitical risks.

(Bloomberg) -- The appetite for gold from the world’s central banks shows no signs of slowing, even as the gold industry comes off a record year of demand for the precious metal, according to ...

Central banks ... said overall gold demand last year reached an annual record of 4974.5 metric tons, up 1% on total demand in 2023 of 4945.7t. Gold bars displayed at a bank in South Korea.