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Central banks are still hungry for gold
Gold’s rally may be stuck in neutral for now, but central banks continue to send a clear signal to the market: they remain committed buyers on price weakness, even amid volatile economic conditions. The latest data from the World Gold Council showed that central banks were net sellers of 30 tonnes of gold in March, largely due to substantial sales from Turkey and Russia. However, the broader picture remains constructive for the precious metals market, as several nations continued to add to their reserves during the pullback. Poland, Uzbekistan and Kazakhstan remained active buyers, while China extended its ... (full story)
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- May 9, 2026 7:43pm Posted byFundamental Analysis130
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