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Central Banks (Re)Turn To Gold As Losses Mount

Central Banks (Re)Turn To Gold As Losses Mount

In 2022, central banks will have purchased the largest amount of gold in recent history. According to the World Gold Council, central bank purchases of gold have reached a level not seen since 1967.

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Jan 25, 2023
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Central Banks (Re)Turn To Gold As Losses Mount
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Central Banks Turn To Gold As Losses Mount

Authored by Daniel Lacalle,

In 2022, central banks will have purchased the largest amount of gold in recent history. According to the World Gold Council, central bank purchases of gold have reached a level not seen since 1967. The world’s central banks bought 673 metric tons in one month, and in the third quarter…

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