Central Banks Kick Off 2024 with Significant Gold Purchases In January 2024, central banks significantly bolstered their gold reserves, adding 39 tonnes to the global tally, with Turkey and China leading the acquisitions. This marked a robust start to the year, continuing a trend from 2023, which, although slightly below the record-setting pace of 2022, remained impressively strong. Such purchases have become a crucial factor in supporting the gold market. This ongoing interest from central banks is driven by persistent and, in some cases, intensifying factors that are expected to maintain or even increase their demand for gold throughout 2024. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Over 80,000 Global Enthusiasts Flock to HongKong’s Twin Jewellery Shows READ MORE Hard Money Heat Check READ MORE Federal Reserve Shows Little Urgency to Cut Interest Rates READ MORE Pulling Gold out of E-Waste Suddenly Becomes Super-Profitable READ MORE Gold Inches Higher, Supported by Soft Dollar and Rising Middle East Tensions READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
