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 Powell's Testimony Suggests Softening of Controversial Bank Capital Proposal READ MORE Gold Shines Amid Tough Year for Commodity Returns in 2023 READ MORE Is It Time to Rethink Your Gold Allocation? READ MORE Asia's Demand Fuels Gold Price Surge, Says Julius Baer READ MORE Cooling Inflation Sparks Treasury Rally, Reshaping Fed Policy Outlook READ MORE Add a Comment Cancel replyYour email address will not be published.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