Bifalgorithm post · Gold Demand and Supply · H1 total demand volume slightly firmer, value rockets

Central Banks

Central Banks (Gold Demand and Supply · H1 total demand volume slightly firmer, value rockets) — "Central banks made significant gold purchases in Q2 (289t). A…

Ideas in this flowchart

  • Central banks' gold purchases recovered sharply in Q2
  • Q2 purchases totaled 289t
  • Buying experienced a notable slowdown in Q1
  • The Q1 data was revised downward
  • The recovery occurred among central bank buyers
  • Buying returned to lofty levels
  • These high levels have been typical over the last four years
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Central Banks

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Gold Demand and Supply

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"Central banks made significant gold purchases in Q2 (289t). After a notable Q1 slowdown following a downward revision to our data, buying among this cohort recovered sharply to the lofty levels that have been typical in the last four years."

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