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WGC

report:-central-bank-gold-demand-surges-in-july-amid-rising-prices

Report: Central Bank Gold Demand Surges in July Amid Rising Prices

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Central banks globally continued to bolster their gold reserves in July, despite an increase in gold prices, according to a report by Krishan Gopaul, senior analyst, EMEA at the World Gold Council. The report highlights a 206% increase in net gold purchases compared to the previous month, driven by several key players in the global […]

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central-banks-continue-to-show-strong-demand-for-gold-in-2023,-says-world-gold-council-report

Central Banks Continue to Show Strong Demand for Gold in 2023, Says World Gold Council Report

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Central banks show continued demand for gold in 2023, as per a recent report from the World Gold Council (WGC), which noted that the world’s central banks accumulated 31 tons of the precious metal in January. Turkey was the largest gold buyer, adding 23 tons to its central bank’s stash, while the People’s Bank of

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