Germany buys gold?


As expected, with the end of the CBGA, Western central banks would start buying gold.




 





We need to stay cautious though as this might be a typo as Bullionstar reports.










When we check data.imf.org it indeed was a typo, as September gold holdings were still 108.25m ounces.







Central bank gold demand was the highest growing segment in gold demand in 2019.











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