Gold Purchases by Global Central Banks Skyrocket 575%, Surpassing $4,600,000,000 in Just One Month

Global central banks just recorded a massive month-on-month increase in their gold purchases. According to the World Gold Council, global central banks purchased 27 tons of gold worth just over $4.6 trillion in February. That’s a 575% increase from the four tons that the reserve banks bought in January. “Just two months into the year, […] The post Gold Purchases by Global Central Banks Skyrocket 575%, Surpassing $4,600,000,000 in Just One Month appeared first on The Daily Hodl.