Central bank demand for gold is running at twice the pace of the 2011-2021 average: DB
PositiveFinancial Markets
Recent reports indicate that central bank demand for gold is currently at double the average pace seen between 2011 and 2021. This surge in demand highlights a growing trend among central banks to diversify their reserves and hedge against economic uncertainties. As global markets face volatility, the increased interest in gold reflects its enduring status as a safe-haven asset, making it a significant indicator of financial stability.
— Curated by the World Pulse Now AI Editorial System