2019 Central Bank Gold Reserves Survey Signals More Buying to Come

Discussion in 'The Cocktail Lounge' started by Bodacious, Jul 19, 2019.

  1. Bodacious

    Bodacious Active Member

    Joined:
    Jul 6, 2019
    Messages:
    274
    Likes Received:
    207
    Our Central Banks and Public Policy team have just published the results of the 2019 Central Bank Gold Reserves Survey. The survey gives a fascinating insight into the minds of central bankers and is especially timely since central banks continue to post record-breaking levels of net gold purchases in recent quarters. Some of you might have seen the National Bank of Poland’s announcement a couple of weeks ago that it had bought another 100 tonnes of gold, following its 25.7 tonne purchase in 2018.

    This is the second year the World Gold Council has run the survey and I’m happy to see that this year’s survey has achieved nearly double the number of responses than the 2018 survey – 39 central banks responded this year versus 22 last year!

    Please read the entire article at:
    https://www.investmentwatchblog.com...-reserves-survey-signals-more-buying-to-come/


     

Share This Page