Money Metals Exchange By Mike Maharrey, Money Metals Exchange Central banks continued to buy gold in May, but the pace slowed moderately with China at least temporarily out of the picture. Central banks added a net 10 tons of gold in May, according to the latest data compiled by the World Gold Council. Central banks bought 23 tons of gold, offset by 13 tons in gross sales.
Central Banks Added More Gold to Reserves in May
Central Banks Added More Gold to Reserves in…
Central Banks Added More Gold to Reserves in May
Money Metals Exchange By Mike Maharrey, Money Metals Exchange Central banks continued to buy gold in May, but the pace slowed moderately with China at least temporarily out of the picture. Central banks added a net 10 tons of gold in May, according to the latest data compiled by the World Gold Council. Central banks bought 23 tons of gold, offset by 13 tons in gross sales.