According to data from the World Gold Council (WGC) tracking central bank acquisitions of Gold in March, buying showed a net positive of 15 tonnes from central banks, who have become one of the largest consumers of Gold in recent years.
The figure was in line with previous months, keeping the positive trend in demand alive.
“Buying strength has continued into 2024, with emerging market banks the main driving force for both purchases and sales,” said Krishan Gopaul Senior Analyst
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