July Sees Record Central Bank Gold Acquisition Since January In July 2024, central bank gold demand surged, with net purchases more than doubling to 37 tonnes despite rising gold prices. The National Bank of Poland led the buying, followed by Uzbekistan and India’s central banks. This marked the highest monthly total since January, indicating a strong commitment by central banks to accumulate gold. The ongoing demand is expected to continue, as central banks seek to bolster their reserves amidst economic uncertainties. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts WGC: Is There a January Effect for Gold? READ MORE Fed Survey Reveals Growing Pessimism Among US Companies READ MORE Inflation Reporting's Blind Spot: The Cumulative Impact READ MORE Wall Street's Recession Reversal Echoes 2007's Optimism, Warns Expert READ MORE Recession Predicted for 2024 by Economist Cam Harvey READ MORE Add a Comment Cancel replyYour email address will not be published.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