China in June became the largest buyer of gold and increased its reserves by 21.2 tons, Poland – by 14 tons, Turkey – by 11 tons.
World central banks in June 2023 returned to buying gold and increased their holdings by 55 tons after a three-month sale of this precious metal. This is evidenced by the data of the World Gold Council (WGC).
China in June became the largest buyer of gold and increased its reserves by 21.2 tons, Poland – by 14 tons, Turkey – by 11 tons, Uzbekistan – by eight tons, Czech Republic – by three tons, Qatar – by two tons, India – by 1 ton.
Kazakhstan and Singapore became the only sellers of gold, reducing their foreign exchange reserves by three and one ton, respectively.
Recall that the world’s central banks bought about 52 tons of gold in February.
It was also reported that the UAE has become the main center of gold trading in the Russian Federation.
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