Over the weekend, cryptocurrency assets saw a significant drop, with the crypto economy shedding more than 5% to fall to $ 2.3 trillion, while precious metals also saw declines, albeit less severe than the digital currency sector. Amidst the ongoing turmoil in the Middle East, gold fell by 1.18% in the last day; however, …
Central Bank Gold Demand Swells in Q3 Amid Global Unrest
Central banks around the world maintained their appetite for gold in the third quarter of 2023, with their purchases totaling 337 metric tons, the World Gold Council’s (WGC) third-quarter report shows. Analysts from the council suggest that this steady central bank activity is indicative of a sustained, strong demand for gold, which may lead to […]