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KAZAKHSTAN GOLD BUYING
Gold to clinch $8,000 in just 5 years? Germany’s Deutsche Bank makes bold predictionGold's role in global reserves is set to grow. Deutsche Bank forecasts gold prices could reach $8,000 per ounce in five years. Central bank...- Gold buying by central banks up 10% in Q3Investments in digital gold such as ETFs and similar products rose to 221 tonnes, up 134% on year, says WGC Report.
- Central banks keep buying yellow metal despite soaring pricesGlobal central banks added 15 tonnes to gold reserves in August, continuing a trend of diversifying away from US debt despite soaring price...
- Central banks surge in gold purchases: India leads with 27 tonnes in OctoberCentral banks worldwide doubled their gold purchases in October, led by India's acquisition of 27 tonnes. Emerging markets dominated, with ...
- RBI adds 27 tn gold to country's reserve in October: WGCCentral banks significantly increased gold reserves in October, with India leading the charge by adding 27 tonnes. Turkey and Poland also c...
- Central banks may scale back gold purchases in 2024, reports World Gold CouncilCentral banks are expected to purchase less gold in 2024 compared to 2023, when they bought 1,037 tonnes. August saw the lowest net purchas...
- Gold regains shine after central bank buying drops to decade lowBullion has come under pressure this year as higher bond yields made the non-interest bearing haven seem less attractive to investors. Afte...
- View: Don't expect a crisis to be good for goldShould history repeat itself, the current spike in the market would quickly wilt.
- RBI may join global peers in buying more goldThe RBI may purchase 1.5 million ounces in 2019, or about 46.7 tonnes.
- Central banks giving much-needed boost to gold demandThe Russian Central Bank for six consecutive years has bought gold as it continues to diversify away from US dollars.
- China increases gold hoard as as prices retreatChina increased its gold hoard for the sixth straight month in December as prices extended their decline through the end of last year.
- Gold gains on buzz falling prices may spike demandGold gained in New York on speculation that demand may be spurred by the price slump to a 2 1/2-year low
- Gold recovers from 30-month low as slump may increase demandGold today recovered from 30-month low on speculation demand may be spurred by the price slump that followed the Federal Reserve's indicati...
- Gold drops with silver as dollar strengthens before US dataGold today declined as a stronger dollar curbed demand for an alternative investment and amid speculation the US economy is strengthening. ...
- Gold prices rise as central bank purchases outdo decline in ETPsGold rose as buying by central banks and signs of increased physical demand countered continued outflows in investor holdings.
- Gold rises on bank buying counter decline in ETPsGold today rose, extending gains after the best week in a month, as buying by central banks and signs of increased physical demand countere...
- Gold rises to 10-day high as central banks join other buyersGold today rose to a 10-day high on increased central bank buying and signs of more investor demand following last week's biggest drop in 3...
- Gold gains first time in 4-day as Korea buys, ECB meetsGold gained for the first time in 4 days after the Fed said it will provide more stimulus if necessary & as investors waited for the outcom...
- Gold gains for first time in four days on Central Bank purchasesGold gained for the first time in four days in New York as central banks increased their holdings and the US dollar declined.
- Gold at five-week high leads to profit-bookingGold declined for the first time in six sessions in New York as the biggest weekly gain since August spurred some investors to sell the met...
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