Central Banks Gobbled Up More Gold Last Year Than In Any Year Since 1967
February 19, 2023 at 08:30 AM EST
The price of gold stopped just short of hitting $1,960 an ounce last Thursday, its highest level since April 2022, before plunging below $1,900 on Friday following a stronger-than-expected U.S. jobs report, indicating that the current rate hike cycle may be far from over. I don’t believe that this takes away from the fact that [...] The post Central Banks Gobbled Up More Gold Last Year Than In Any Year Since 1967 appeared first on ETF Trends .