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#BREAKING Central banks bought another 15 tonnes of gold in August, marking 27 out of the last 28 months of net gold purchases.
š¹ Kazakhstan led with +8 tonnes
š¹ Bulgaria and Turkey each added +2 tonnes
š¹ China increased reserves by +2 tonnes, its 10th consecutive monthly purchase
šØš³ The Peopleās Bank of China now holds over 2,300 tonnes, hitting a new all-time high.
Central banks continue piling into gold signaling
ā¢Rising geopolitical risk
ā¢De-dollarization trends
ā¢Search for safe-haven assets
This sustained demand reinforces goldās role as a key strategic reserve in an uncertain global landscape.
#Gold CentralBanks #China Geopolitics #GoldReserves Macroeconomics #DeDollarization SafeHaven #GoldDemand #Commodities #BRICS #Kazakhstan #Turkey #Bulgaria #GlobalEconomy #MonetaryPolicy #Investing #PBOC #HardAssets #GoldBullion