PI Global Investments
Gold

Central banks bought gold at fastest pace since 2024, WGC data shows


Other parts of the market moved differently, the council said. Total gold demand, including over-the-counter trading, slipped 1% from a year earlier to 1,369 tonnes. Gold-backed exchange-traded funds added 211 tonnes after outflows in the second quarter. The council said the inflows appeared to reflect worry that public finances may prove unsustainable and that prices could keep climbing.



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