Do central banks hide the size of their gold purchases?
A striking comparison between official data and Goldman Sachs estimates:
🏦 Official purchases in July: 23 tons
📊 Goldman Sachs estimate: 44 tons
The estimated average purchases over 3 months were about 91 tons per month.
The gap raises an important question: Is the real demand from central banks much larger than what the official data shows?
$PAXG $XAUT $XAU
#GOLD #crypto
A striking comparison between official data and Goldman Sachs estimates:
🏦 Official purchases in July: 23 tons
📊 Goldman Sachs estimate: 44 tons
The estimated average purchases over 3 months were about 91 tons per month.
The gap raises an important question: Is the real demand from central banks much larger than what the official data shows?
$PAXG $XAUT $XAU
#GOLD #crypto
