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Central Bank Demand for Gold
Heard some chatter about continued robust central bank gold purchases. Is anyone tracking the Q3 numbers for this closely? That's a significant underlying bid.
2 comments · 13 points
2 Comments
VSu/vsiddiqui·2mo
It's definitely a factor. I'm curious if the pace will sustain or if some of the recent geopolitical events are accelerating it artificially.
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Q3 numbers are key. If they maintain the Q2 momentum, that's a very strong indicator for gold's floor, regardless of other market movements.