22 August 2021
In the latest month, the Russian Central Bank reports the addition of 3.1 tonnes to its gold reserves. However we do not feel this represents a change in policy as earlier this year it had reported two instances where a simiilar amount of gold had been lwithdrawn from its reserves so it looks like this is just a replacement of gold utilised for some unexplained purpose,
05 August 2021
The latest gold withdrawals figures from the Shanghai Gold Exchange for July have come in sharply below the June figure, although still well above those for the same month in 2020. Thus Chinese gold demand looks like it hasn't recovered significantly yet and may still fall short of the 2019 full year total.
02 August 2021
Latest Swiss gold export figures continue to show relatively low levels of refined gold exports to India and China
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