Central Banks Accelerate Gold Repatriation, Purchasing 1,000 Tons Annually Over Past 4 Years

According to the World Gold Council survey released today (June 21), central banks are increasingly moving gold reserves out of London and New York vaults and increasing domestic storage or diversifying overseas locations. Over the past four years, central banks have purchased an average of 1,000 tons of gold annually—double the average level of the previous decade.
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