Global central banks added 53 tonnes of gold to reserves in November, with India and Poland as top buyers.

In November 2024, global central banks added 53 tonnes of gold to their reserves, highlighting varied strategies in gold reserve management. Notable buyers included India, Poland, Uzbekistan, China, and Kazakhstan, while Singapore reduced its reserves. This activity reflects continued interest in gold as a secure asset amid economic uncertainties. India emerged as the second-largest buyer after Poland, with significant year-to-date purchases.

2 months ago
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