ArticlesPrecious Metals

Central Banks Are Buying Gold Again

Join our Trading Community on Telegram

? According to preliminary data from the World Gold Council (WGC), central banks increased their gold reserves by 22 tonnes in June. This marks the third consecutive month of net purchases, notes WGC analyst Krishan Gopaul.

However, the results for the first half of 2025 are still slightly lower than the same period in 2024: 123 tonnes vs. 130 tonnes.

The most active gold buyers in June were:
?? Uzbekistan – 9 tonnes
?? Kazakhstan – 7.4 tonnes
?? Turkey – 2.3 tonnes
?? China – 2.2 tonnes
?? Czech Republic – 1.6 tonnes
?? Kyrgyzstan – 1.2 tonnes

Other central banks bought less than 1 tonne each. In addition, the State Oil Fund of Azerbaijan (SOFAZ) increased its gold holdings by 15.8 tonnes, though this figure is not included in WGC’s monthly data as it is reported quarterly.

? The main seller in June was once again the Central Bank of Singapore, which reduced its reserves by 5.6 tonnes.

Stay updated on precious metals right here ?

0
0
Disclaimer

All content provided on this website (https://wildinwest.com/) -including attachments, links, or referenced materials — is for informative and entertainment purposes only and should not be considered as financial advice. Third-party materials remain the property of their respective owners.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related posts
ArticlesБез рубрики

Wisdom of leaders: how to invest in your future

Investing in yourself and your business is rarely only about money. More often, three things matter…
Read more
NewsPrecious MetalsStock brokersStock research & analytics

Gold, US government bonds and global reserves

The global financial system is undergoing a historic shift. According to the latest report from the…
Read more
NewsPrecious MetalsStock research & analytics

Trump and the audit of Fort Knox gold reserves

U.S. President Donald Trump has supported the idea of conducting an audit of the gold reserves…
Read more
Telegram
Subscribe to our Telegram channel

To stay up-to-date with the latest news from the financial world

Subscribe now!