Economists at Commerzbank Expect the Gold Price To Remain Supported Economists at Commerzbank project that gold prices are expected to stay robust, influenced by consistent buying from the People’s Bank of China (PBoC), which has been increasing its gold reserves for 16 consecutive months. In February alone, the PBoC added approximately 390 thousand ounces of gold, equivalent to 12 tons, to its reserves. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts US Labor Market Shows Signs of Cooling as Hiring Pace Moderates READ MORE Japan's GPIF Explores Diversification into Forests, Gold, and Bitcoin READ MORE ADP Reports Slight Miss in Private Sector Job Growth for February READ MORE Gold Dips as Market Awaits Federal Reserve Clues from Inflation Data READ MORE Central Bank Digital Currencies (CBDCs) – Accelerating towards Dystopia READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment