from Silver Doctors:
While it is no surprise that central banks still have gold fever, the (lack of) interest in bars & coins is quite telling…
The World Gold Council just released its latest report on gold demand trends for the second quarter of 2019.
Central banks bought 224.4t of gold in Q2 2019. This took H1 buying to 374.1t – the largest net H1 increase in global gold reserves in our 19-year quarterly data series. Buying was again spread across a diverse range of – largely emerging market – countries.