Saturday, December 14, 2024

Tag: Poland’s Central Bank ramps up Gold Purchases during July

Poland’s Central Bank ramps up Gold Purchases during July, and now holds 300 tonnes of Gold

by Ronan Manly, BullionStar:

Poland’s central bank, Narodowy Bank Polski (NBP), has been back buying gold again during the month of July, and in a big way.

Latest “official reserve assets” data from the NBP website, and the IMF’s International Financial Statistics (IFS) database, show that at the end of July 2023, the NBP added more than 22 tonnes of monetary gold to its gold holdings compared to the end of June 2023.