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 Mined Commodities May Push Higher on Structural Trends: Expert READ MORE Morgan Stanley Warns De-Dollarization Could Spell Trouble for US Stocks READ MORE Fed's Inflation Target Faces Heat from Liberals Seeking Economic Reform READ MORE US Stockpile Growth and Cooling Demand Drive Oil Prices Down READ MORE Mining Stocks Lag Behind as Gold Prices Shine: A Rally on the Horizon? READ MORE Add a Comment Cancel replyYour email address will not be published.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