Central Banks Buy 77 Tonnes of Gold in August, Helping to Offset Impact of Rising Bond Yields

By CryptoGlobe - 6 months ago - Reading Time: 1 minutes

Central Banks Buy 77 Tonnes of Gold in August, Helping to Offset Impact of Rising Bond Yields

Central banks around the world continue to be a major force in the gold market, helping the precious metal maintain its long-term support levels despite the challenges posed by rising bond yields and a strong U.S. dollar, according to a Kitco News article, which cites data from the World Gold Council (WGC), by Neils Christensen. […]

Original source: CryptoGlobe