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18 Sep 2024

#gold

Source chart: Bloomberg

16 Sep 2024

Bitcoin (+43%) and Gold (+25%) are the top performing major assets in 2024. We've never seen these two in the #1/#2 spots for any calendar year.

Source: Charlie Bilello

16 Sep 2024

Saud Central Bank Secretly Bought 160 Tonnes Of Gold In Switzerland - www.zerohedge.com.

According to Jan Nieuwenhuijs via Money Metals (and published on zerohedge), the Saudis have joined other Asian countries in ditching their long-term sensitivity to the gold price. Evidence suggests the Saudi central bank has been covertly buying 160 tonnes of gold in Switzerland since early 2022, contributing to the current gold bull market.

9 Sep 2024

RUSSIA ANNOUNCES 700% INCREASE IN GOLD/FX PURCHASES. MONTH BEFORE BRICS SUMMIT

Source: Tass, VBL’s Ghost

6 Sep 2024

Gold is rising because of demand for "fallback money"

Source: Bloomberg

2 Sep 2024

BREAKING: Global net gold purchases by central banks reached 483 tonnes in the first half of 2024, the most on record.

This is 5% higher than the previous record of 460 tonnes set in the first half of 2023. In Q2 2024, central banks bought 183 tonnes of gold, marking a 6% year-over-year increase. On the other hand, this was 39% lower than the 300 tonnes of purchases seen in Q1. The largest buyers were the National Bank of Poland, the Reserve Bank of India, and the Central Bank of Turkey. Why are central banks stocking up on gold? Source: The Kobeissi Letter

26 Aug 2024

Big gold buying lately

From BofA, @ISABELNET_SA thru Mike Zaccardi, CFA, CMT, MBA

26 Aug 2024

What would a central bank rather own?

Source: Tavi Costa, Crescat Capital, Bloomberg

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