Purchases were the highest on record in January-September, the World Gold Council has said Central banks bought 800 tons of gold from January to September this year, the highest on record for the nine-month period, according to the World Gold Council. In its Gold Demand Trends report for the third quarter of the year, the industry group said net buying of bullion by central banks in the first nine months was up 14% year-on-year. Global gold demand excluding over-the-counter (OTC) trading was 8% ahead of its five-year average in the third quarter, but slipped 6% compared to last year’s all-time-high, the report add
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