Who are the mystery buyers of 4,00,000 kg of gold?
- According to estimates, central banks across the globe purchased 400 tonnes of gold in the September quarter.
Global gold demand has returned to pre-covid levels, driven by stronger consumer and central bank buying. Gold demand in the September quarter was 28% higher year-on-year at 1,181 tonnes and on year-to-date basis, demand increased 18% vs the same period in 2021, returning to pre-pandemic levels, according to World Gold Council's latest report.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more