Central banks add 39 net tonnes of gold in August with China, Uzbekistan and Poland leading purchases – World Gold Council - Kitco
Central banks add 39 net tonnes of gold in August with China, Uzbekistan and Poland leading purchases – World Gold Council - Kitco
Source: Kitco
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DW NOTE
Central banks added gold for the 224th consecutive month — a buying streak that now spans nearly 19 years. China, Uzbekistan, and Poland led August purchases at 39 net tonnes. The pattern is clear: states diversify away from dollar reserves not during crises, but during the long intervals between them, when the cost of switching is lowest and the memory of the last devaluation is still fresh.