Our monthly central bank statistics have been updated today, to include initial February data reported by the IMF and respective central banks. Collectively, central banks tipped back into net purchases during the month: 8.8t were added to global gold reserves. Buying from India (11.2t), Uzbekistan (7.2t), Kazakhstan (1.6t), and Colombia (0.5t) outweighed the only notable sale of gold by Turkey (-11.7t).1 Year-to-date, this puts total global central bank net sales at 16.7t, the weakest start in over a decade. The picture for central bank demand remains somewhat uncertain, with the sector bobbing between net sales and ... (full story)