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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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