Central banks added 23 tonnes of gold in July, pace slows
Central banks bought a net 23 tonnes of gold in July, the World Gold Council reported. Year-to-date purchases of 130 tonnes lag last year, with higher prices prompting caution.
Gold Market
Gold Market
Central banks bought a net 23 tonnes of gold in July, the World Gold Council reported. Year-to-date purchases of 130 tonnes lag last year, with higher prices prompting caution.
Central banks net purchased 23 tonnes of gold in July, led by China (20t) and Poland (8t). Year-to-date purchases total 130 tonnes, lower than 160t a year ago. Russia sold 6t.