Mumbai: rising gold prices have not deterred the central banks to buy the precious metal while resuming shopping in August, thereby maintaining the recent trend of diversification of the foreign regaves outside the American debts. Worldwide central banks added a net 15 tons of gold reserves in August, compiled by the World Gold Council using […]
Escalating prices of gold have contributed to the delay of gold purchases. (AI image) After they have bought aggressive gold in the past year, central banks around the world have now delayed their purchases of yellow metal. Gold -acquisitions of the Central Bank have fallen compared to last year, which indicates a more measured attitude […]