Post
Aylaah
CENTRAL BANKS ARE STILL BUILDING THEIR GOLD POSITIONS
Central banks purchased a net 321 tonnes of gold in Q3, up 42% year over year, according to World Gold Council data.
Gold ETFs added another 211 tonnes, taking total holdings to a record 4,256 tonnes.
Yet strong institutional demand has not prevented near-term price pressure from the dollar
The contrast is important: long-term demand remains strong, but short-term momentum still needs to recover.
#CentralBanksBuy321tGold
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$73,373.9+0.00%
ETH/USDTEthereum
$2,040.6+0.01%
SOL/USDTSolana
$82.62+0.00%
Today’s market buzz
1#USCPIAboveExpectations
2#SP500StrongRebound
3#USIranNewPeaceProposal