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Global central banks held more than 36,699 metric tons (MT) of gold in their reserves as of year-end 2023. Most of that supply has been amassed since 2010, when central bankers commenced a gold-buying spree. Central banks were net sellers of gold before that time, selling roughly 4,426 MT of gold between 2000 and 2009. But for nearly a decade and a half now ...
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A pocket watch once gifted to Sir Winston Churchill by Herbert Henry Asquith in 1905 has gone under the hammer at auction for £76,000. The 18-carat gold watch, engraved with Sir Winston's coat of arms, exceeded initial estimates of £20,000-£30,000. Dawsons auctioneer Edward Langmead called it a "thrilling outcome". The watch went to a private collector in ...