Founders: Bank of America Precious Metals Weekly
RBI gold purchases in the first quarter of 2024 (19 tonnes (t)) surpassed the full-year 2023 total (of 16t)
Some cool slides on metals.
Key writing point: Talking about India now, means Boa like,y had a buy order for them and filled it. Even if that is incorrect it does not matter. India is buying (when Chinadoes not), and Banks want their business