flash on Nostr: β‘οΈπ¨ Central banks bought 1044 tonnes of gold in 2024! For the 3rd year ...
β‘οΈπ¨ Central banks bought 1044 tonnes of gold in 2024!
For the 3rd year running, purchases exceeded 1,000 tonnes, an all-time high.
The biggest buyers:
π° Poland: 94 tonnes (wants to increase to 20% of its reserves)
π° Turkey: 75 tonnes
π° India: 73 tonnes (and is repatriating 100 tonnes from London)
Emerging countries are increasingly wary of the Western financial system following the freezing of Russian reserves.
Total gold demand reaches a record 4554 tonnes, despite prices at record highs (+23% in 2024).
Published at
2025-02-08 07:50:08Event JSON
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"content": "β‘οΈπ¨ Central banks bought 1044 tonnes of gold in 2024!\n\nFor the 3rd year running, purchases exceeded 1,000 tonnes, an all-time high. \n\nThe biggest buyers:\n\nπ° Poland: 94 tonnes (wants to increase to 20% of its reserves)\nπ° Turkey: 75 tonnes\nπ° India: 73 tonnes (and is repatriating 100 tonnes from London)\n\nEmerging countries are increasingly wary of the Western financial system following the freezing of Russian reserves.\n\nTotal gold demand reaches a record 4554 tonnes, despite prices at record highs (+23% in 2024).\nhttps://m.primal.net/OVwn.jpg",
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