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Countries are Beginning to Sell The U.S. Dollar to Stockpile Gold

20-5-2019 < SGT Report 105 103 words
 

by Alex Deluce, Gold Telegraph:



Central banks around the world have been eager for gold. They have become one of the foremost purchasers of the yellow metal. According to the Northern Miner, central banks bought 51 tons of gold in 2019. In 2018, central banks increased their gold reserved by 651.5 tonnes versus 375 tonnes in 2017. That’s the largest net purchase of gold since 1967.



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