Cryptopolitan
2023-05-05 19:40:29

U.S. banking turmoil sparks gold frenzy in central banks

The World Gold Council (WGC) has reported record-high gold demand from central banks in the first quarter of this year, fueled by increasing economic uncertainty, potential U.S. banking sector woes, and possible pauses in Federal Reserve interest rate hikes. Gold prices have breached the $2,000 per ounce mark and continue to edge closer to all-time … U.S. banking turmoil sparks gold frenzy in central banks Read More »

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