$XAU #XAU
The central bank has increased its gold holdings for 23 consecutive months, adding 740,000 ounces in September alone—about 13.8% more than in August. Also, as of the end of September, the central bank’s gold reserves stood at only about 2,409.6 tonnes, still well below Germany’s roughly 3,349.5 tonnes. And our country’s GDP is about four times Germany’s—gold at the 4,100 level is already relatively cheap, meow.
The central bank has increased its gold holdings for 23 consecutive months, adding 740,000 ounces in September alone—about 13.8% more than in August. Also, as of the end of September, the central bank’s gold reserves stood at only about 2,409.6 tonnes, still well below Germany’s roughly 3,349.5 tonnes. And our country’s GDP is about four times Germany’s—gold at the 4,100 level is already relatively cheap, meow.