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Global Central Bank Gold Purchases Surge to One-Year High
12/04/2025, 20:06
AI SUMMARY
●Central banks bought 53 tonnes of gold in October
●Highest monthly purchase level since November 2024
●Marks third straight month of accelerating accumulation
Global central banks purchased 53 tonnes of gold in October, marking the highest monthly volume since November 2024. The data represents a 194% increase compared to July levels and constitutes the third consecutive month of accelerating accumulation by sovereign institutions.