Global Central Banks Break Record, Purchasing 289 Tonnes of Gold Amidst Worsening Deficits Worldwide

Sharing is Caring!

Amid escalating concerns over fiscal deficits worldwide, the surge in gold purchases by central banks during the first quarter signals a broader financial instability, echoing fears beyond the US alone. As governments grapple with post-COVID economic challenges, the unprecedented acquisition of gold underscores growing uncertainties and the quest for stability in a volatile global economy.




See also  China’s capital outflows surge, weakening yuan, straining economy, and unsettling investors worldwide.

383 views