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Kosovo’s central bank is buying gold for the first time in its history

From kitco.com

Central bank demand has played a key role in supporting gold prices at elevated levels. While the market has been dominated by a few key players, demand continues to broaden as the Central Bank of the Republic of Kosovo jumps into the market. The central bank announced on Wednesday that, for the first time in its history, it had added gold to its official reserves. “This development represents an important institutional achievement and reflects the continued modernization of CBK’s reserve management framework. The inclusion of gold further strengthens the diversification, resilience, and long-term sustainability of ... (full story)

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  • Category: Fundamental Analysis