Ghana news briefing
Central Banks Bought Far Less Gold Than Thought at Start of Year
By GhanaSummary Newsroom1 min read
Central banks only bought 57 tons in the first quarter, 187 tons less than previously thought, the industry group said in a report Thursday.
Central-bank demand nevertheless recovered sharply between April and June, totaling a net 289 tons, a record amount for a second quarter.
Central banks bought far less gold at the start of the year than previously thought, and while demand has since rebounded, their purchases are expected to decline this year, according to the World Gold Council.
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.
