Central Banks bought a record amount of #gold in 1H half 2023. No surprise as Fitch’s downgrade US debt may accelerate de-dollarisation as USD held as reserves fell to 58% lowest level in 25 yrs. China’s gold reserves have grown by 165 tonnes – and 103T was bought in 2023 alone. pic.twitter.com/aAsRwXq7xR
— Mario Stifano (@Mario_Stifano) August 6, 2023
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