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 Citi's Bullish Forecast for $3,000 Gold in 2025 READ MORE Mined Commodities May Push Higher on Structural Trends: Expert READ MORE Gold Prices Rise as Market Eyes Potential Fed Rate Cuts READ MORE Could Gold Hit $5000 in 2024? READ MORE Druckenmiller Makes Bet on Gold Miners READ MORE Add a Comment Cancel replyYour email address will not be published.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