30 March 2021The current week opened with precious metals prices marked down sharply in all global markets. It remains to be seen whether this trend will continue throughout the week
26 March 2021After recording a small fall in gold reserves in January, Russia has announced no change for February. It holds world's fifth largest reported national gold reserve. We still think it may expand this given the improvement in the oil price.
25 March 2021The latest figures out of Switzerland on that country's gold exports see imports just about back to normal in respect of nations from which the gold originates, while India is far and away the largest destination for Swiss re-refined gold.
19 March 2021Last year the volume of central bank gold purchases diminished sharply but the WGC still sees net purchases in 2021 with some countries, including Poland indicating plans to add to reserves . We suspect Russia could resume gold buying too.
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