Summary

  • Singapore has launched a 500-tonne gold vault for foreign central banks.

  • Central banks bought 321 tonnes of gold in the third quarter, above the five-year average.

  • Gold is trading about 28% below its January record. Can official purchases slow the decline?

Read the original article Singapore Opens 500-Tonne Gold Vault for Central Banks. Are They Still Buying? by Kamina Bashir on id.beincrypto.com