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#golddemand — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #golddemand, aggregated by home.social.

  1. Jenni Reid reveals that central banks are significantly boosting gold reserves amid geopolitical tensions and inflation, making gold the second-largest global reserve asset by 2024. Gold now accounts for 19.6% of official reserves, with central banks' demand climbing over 20%. However, early 2025 saw a 33% drop in central bank purchases, hinting at cooling appetite. Despite this, gold remains vital as a hedge against uncertainty. Read more: cnbc.com/2025/06/11/gold-overt #GoldReserves #CentralBanks #Inflation #Geopolitics #FinancialMarket #Euro #USD #GoldDemand