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Global central banks accelerate gold purchases: net buy of 244 tons in the first quarter of 2023
In the first quarter of 2023, global central banks accelerated their gold holdings, with a net purchase of 244 tons, an increase from 208 tons in the previous quarter.
Countries such as Poland, Uzbekistan, and China are major buyers, with some gold purchase activities not publicly disclosed.
This trend reflects the ongoing importance of gold reserves for central banks, and market demand for gold remains strong.
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