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Fintech & Banking Tech
Tag: gold
Central Bank Gold Buying Spree Continues in August with Net 39-Tonne Global Increase
The steady global accumulation of gold by central banks persisted unabated through the month of August, driven by ongoing sovereign demand to diversify reserves, hedge against geopolitical instability, and manage currency pressures. According to the latest figures, global central bank gold reserves increased by a net 39 tonnes during the month, pushing total reported net…
Global Central Banks Continue Gold Accumulation Spree as Reserves Rise by 39 Tonnes in August
The relentless global appetite for gold among the world’s central banks remained strong through the end of the summer, with official international reserves expanding by a net 39 tonnes in August. This latest monthly increase pushes the cumulative total for global central bank net purchases to approximately 170 tonnes for the year to date, reinforcing…
Technical Analyst Clive Maund Sees Huge Upside for Gold and Silver Amid Global Debt and Treasury Pressures
In a recent Money Metals podcast interview, market analyst Mike Maharrey sat down with veteran technical analyst Clive Maund to examine the turbulent state of the global financial landscape. The wide-ranging conversation addressed the heavy pressures currently facing the Treasury market, soaring government debt levels, fluctuating oil prices, and persistent inflation. Against a backdrop of…
