Central Bank Gold Statistics: Central Banks Make Positive Headlines On Gold

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There has been a sudden rush to buy gold among central banks around the world. According to a recent report by the World Gold Council, amid economic uncertainty and rising inflation, the world's biggest banks have added tons of gold to their coffers. The most shocking thing is that on one hand, billions of rupees worth of gold are being bought, while on the other hand, some big players are selling their gold.

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Also in July the demand for gold by the main central banks was sustained. The trends photographed by the World Gold Council. Waiting for data on the U.S. labour market, a driver