Central banks’ gold-buying spree to continue in coming years as global economic doubts rise ...News

News by : (Russia Today) -
Heightened global tensions, currency wars, and the course of de-dollarization have been pushing central banks to boost their gold purchases. The trend is likely to continue in the coming years, experts say. Data from the World Gold Council shows that in the first half of this year, the banks bought a record 374 metric tons of gold worth $15.7 billion. As concerns over trade disputes and global growth boost investors’ appetite for safe-haven assets, gold remains one of the prime secure destinations, says Lukman Otunuga, senior research analyst at FXTM (a global foreign exchange trading platform). Also on rt.c

Hence then, the article about central banks gold buying spree to continue in coming years as global economic doubts rise was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Central banks’ gold-buying spree to continue in coming years as global economic doubts rise )

Last updated :

Also on site :

Most Viewed News
جديد الاخبار