Article
Since 2022 Just A Handful Of Countries Have Driven All Sovereign Gold Demand
Since 2022 Just A Handful Of Countries Have Driven All Sovereign Gold Demand
The 2008 financial crisis marked a structural shift in central bank behaviour
Back in January, UBS showed that most of last year’s increase in gold prices was driven by US policy shocks boosting private demand.
The bulk of the gold price increase last year can be attributed to US policy shifts: UBS
Running in parallel, however, has been a more gradual but persistent rise in official sector gold holdings. A common narrative, one which was started largely on this website,...
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