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  • On Twitter: central banks bought a net 32t of gold in June

    28 July, 2021


    @KrishanGopaul: Based on available data, central banks bought a net 32t of #gold in June 2021. While Brazil was by far the bigger buyer in the month, several other central banks were active.

    Our full dataset is available to download now on Goldhub.

    Central bank gold reserves in June

     

    Year-to-date, central bank #gold demand has picked up significantly since March, with several sizeable purchases but some notable sales too. Activity remains concentrated among emerging market banks.

     

    Central bank gold reserves chart

     

    This increased demand tallies with our recent survey, which found that central banks continue to be positive on #gold. We continue to expect central banks to be net purchasers for the whole of 2021.

     

    Central bank survey results

     

    Read more and follow Krishan for real-time updates on Twitter.