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The PSA you didn't know you needed.
Happy July 4th American friends!
Central Bank Gold Builds (Recent Years)
China 🇨🇳
+2,270 t since 2000, steady buying in 2025 | FX diversification
Russia 🇷🇺
+2,000 t over 20 years | Sanctions hedge
India 🇮🇳
+520 t since 2009 | Reserve diversification
Poland 🇵🇱
+~90 t in 2024 | Fiscal stability…
“While gold's day-to-day moves are still largely driven by the news cycle, the overall backdrop looks supportive.”
“While gold's day-to-day moves are still largely driven by the news cycle, the overall backdrop looks supportive.”
Gold and its miners may enjoy a 'critical mineral' upgrade - column by @ClydeCommods https://www.reuters.com/markets/commodities/gold-its-miners-may-enjoy-critical-mineral-upgrade-2025-07-03/