Gold Hits Record $2,450 Per Ounce as Central Bank Purchases Accelerate Globally
Gold climbed to a new record high of $2,450 per troy ounce as central banks continued diversifying reserves away from the US dollar at a record pace. Central banks purchased a net 290 tonnes of gold i
Gold climbed to a new record high of $2,450 per troy ounce as central banks continued diversifying reserves away from the US dollar at a record pace. Central banks purchased a net 290 tonnes of gold in Q1 2025, the highest Q1 total on record. China, Poland, Turkey, and India were the largest buyers.
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