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3232China Halts Gold Buying in May, Ending 18-Month Buying Spree
https://www.digit.info/china-halts-gold-buying-in-may-ending-18-month-buying-spree/
Sun, 09 Jun 2024 00:35:55 +0000https://www.digit.info/2024/06/09/china-halts-gold-buying-in-may-ending-18-month-buying-spree/Read more]]>The People’s Bank of China (PBOC) paused its gold acquisitions in May, ending 18 months of continuous buying as spot gold prices hit record highs. Despite this interruption, the value of China’s gold reserves continued to rise. China Pauses Gold Buying in May China’s central bank, the People’s Bank of China (PBOC), paused its gold […]
]]>Data From October Shows Gold Reserves Held by Central Banks Tapped the Highest Level in 47 Years
https://www.digit.info/data-from-october-shows-gold-reserves-held-by-central-banks-tapped-the-highest-level-in-47-years/
Wed, 07 Dec 2022 17:00:20 +0000https://www.digit.info/2022/12/07/data-from-october-shows-gold-reserves-held-by-central-banks-tapped-the-highest-level-in-47-years/Read more]]>Following the World Gold Council’s (WGC) third-quarter report that shows central banks purchased a record amount of gold, data released by the WGC shows that central banks are buying more gold during 2022’s fourth quarter. Statistics show that the gold held by the world’s central banks is at the highest level since 1974. Central Banks […]
]]>Central Bank Gold Buys This Year Reach an All-Time Quarterly High in Q3, 400 Tons Purchased Is the ‘Most on Record’
https://www.digit.info/central-bank-gold-buys-this-year-reach-an-all-time-quarterly-high-in-q3-400-tons-purchased-is-the-most-on-record/
Wed, 02 Nov 2022 11:30:01 +0000https://www.digit.info/2022/11/02/central-bank-gold-buys-this-year-reach-an-all-time-quarterly-high-in-q3-400-tons-purchased-is-the-most-on-record/Read more]]>According to the World Gold Council’s (WGC) latest quarterly report, worldwide gold demand, excluding over-the-counter (OTC) markets, was 28% higher year-over-year. While demand jumped higher than last year in the third quarter, central bank gold buying tapped an all-time quarterly record in Q3 2022. The quarterly report indicates that the world’s central banks purchased close […]
]]>Gold Spikes Higher as Fed’s Minutes Report Looms, Central Bank Bullion Purchases Begin to Swell
https://www.digit.info/gold-spikes-higher-as-feds-minutes-report-looms-central-bank-bullion-purchases-begin-to-swell/
Tue, 06 Jul 2021 18:00:23 +0000https://www.digit.info/2021/07/06/gold-spikes-higher-as-feds-minutes-report-looms-central-bank-bullion-purchases-begin-to-swell/Read more]]>After a long break, monthly purchasing data shows that central banks are buying gold again. The World Gold Council says throughout March and April, the organization recorded a higher level of central bank monthly gold purchases and the latest data from May shows the exact same trend. Gold Rises After Data Shows Central Bank Gold […]