Official gold reserves surpass US Treasury holdings for the first time in 30 years, but central banks are just warming up

From kitco.com

The gold market has been on an unrelenting rally for the last two years, with central bank demand playing a critical role in driving momentum and generating solid value for the precious metal. And even after three years of record demand, one market analyst says that there is still plenty of room for official reserves to continue growing. In an interview with Kitco News, Tavi Costa, Partner and Macro Strategist at Crescat Capital, said central bank demand remains relatively low compared to levels seen in the 1980s. “Central banks are still in the early stages of accumulating gold and rebuilding their official ... (full story)