Branch2 Intelligence
Central banks bought 41 tonnes of gold in May, says WGC
Key takeaway
Central banks bought 41 tonnes of gold in May 2025, led by Poland, China, Uzbekistan, and Kazakhstan.
- Step 11st-order: Central banks buy 41 tonnes of gold in May, signaling sustained official-sector demand.
- Step 22nd-order: Sustained central bank buying supports gold prices, increasing input costs for UK SMEs using gold.
- Step 33rd-order: Higher gold prices benefit gold miners and refiners globally, while pressuring gold-importing economies.
Source: IN:The Hindu BusinessLine
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