Central Banks Return to Gold - Voronoi
Central Banks Return to Gold - Voronoi
Source: Voronoi
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DW NOTE
Central banks bought 1,037 tonnes of gold in 2024 — the third consecutive year above 1,000 tonnes — yet the price fell 17% from January's high. That's not a haven bid, it's a liquidity exit. When official buyers accumulate and the market sells anyway, it means someone needs dollars more than insurance.