GoldFix

GoldFix

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GoldFix
Goldman Reiterates $4,000 call on Persistent China buying, but...

Goldman Reiterates $4,000 call on Persistent China buying, but...

Central Banks Still Buying, But Gold’s Support Base Is Shifting

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VBL
Jul 15, 2025
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GoldFix
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Goldman Reiterates $4,000 call on Persistent China buying, but...
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Goldman Sachs’ May nowcast of central bank and institutional gold demand came in at 31 tonnes, extending a pattern of above-average accumulation. The figure pertains to non-U.S. participants operating through the London over-the-counter (OTC) market and compares favorably to the pre-2022 average of just 17 tonnes per month.

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