Market Analysis
Central Banks Bought 1,136 tons of Gold in 2022: Demand Surged to 11-Year High
Demand for gold hit a 11-year high in 2022 after central banks bought the highest amount of the yellow metal in 55 years.
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BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
China's central bank continued to pile up its gold holdings for a fifth consecutive month, adding an additional 18 tons in March.
Demand for gold hit a 11-year high in 2022 after central banks bought the highest amount of the yellow metal in 55 years.
Japan's central bank continues the great monetary experiment as the most indebted developed nation.