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How Renewed Central-Bank Gold Purchases Are Re-Shaping Prices
How Renewed Central-Bank Gold Purchases Are Re-Shaping Prices
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BTCCSquare news:
Central banks have resumed steady Gold purchases, combining with robust ETF demand to tighten the physical market. This dual demand reduces available bullion, driving prices higher and creating a structural shift from recent years.
Reserve managers are diversifying holdings with gold, evidenced by a 15-tonne purchase surge in August. Analysts project annual totals in the hundreds of tonnes for 2025, reflecting sustained institutional accumulation.
The convergence of physical and paper demand is eliminating market slack. ETFs absorbed 397.1 tonnes in H1 2024 while global quarterly demand hit 1,249 tonnes in Q2—a 3% YoY increase. This overlap amplifies price momentum when flows accelerate.
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