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With the help of non-agricultural data, international gold ushered in a perfect ending on Friday. The cumulative increase of 2.7% in a single week recorded the best result in nearly one year. The gold futures contract on August of the New York Mercantile Exchange also recorded for 8 consecutive t...
Net buying by central banks reached 145.5t in Q1, 68% higher y-o-y. This is the highest volume of Q1 net purchases since 2013 (179.1t), comfortably exceeding the five-year quarterly average of 129.2t. On a rolling four-quarter basis, demand reached a record high for our data series of 715.7t. ...