Central Banks Buy Gold at Fastest Pace Since 2024, WGC Says

Central banks purchased 1,037 metric tons of gold in the third quarter, according to the World Gold Council. This marked the highest quarterly total since the fourth quarter of 2024. Gold prices faced downward pressure during the period from rising oil prices and higher interest rates.

• Bloomberg — Central Banks Buy Gold at Fastest Pace Since 2024, WGC Says

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