Published: 2022.07.15. WGC: Central Banks are again net buyers of gold

WGC: Central Banks are again net buyers of gold - Preview

According to these data, Central Banks reported a net increase of 35 tons in world gold reserves. This is the second month in a row of official net purchases by the world's Central Banks.
For example, in May of this year, Turkey bought 13.3 tons of gold, Uzbekistan - 9 tons and Kazakhstan - 6.3 tons. The report also says that Qatar increased production by 4.7 tons, and India - by 3 .8 t.
Germany was the only seller of the yellow precious metal during this period. She reduced her gold reserves by 2.4 tons - presumably for minting commemorative gold coins.