Central Banks Are on the Biggest Gold-Buying Spree in a Half Century
- January 31, 2019
- Posted by: admin
- Category: Bloomberg
Central banks bought more bullion last year than anytime since 1971, when the U.S. ended the gold standard.
Governments added 651.5 tons of gold to their coffers in 2018, a 74 percent increase from the previous year, according to a report from the World Gold Council.