Central banks hold close to 20% of all the gold that has ever been mined. The sheer holding size is why central banks around the world can significantly influence gold prices.
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Investors should monitor the central banks’ gold reserves
Central banks hold close to 20% of all the gold that has ever been mined. The sheer holding size is why central banks around the world can significantly influence gold prices.
More here:
Investors should monitor the central banks’ gold reserves