Central Banks Bought Far Less Gold Than Thought at Start of Year

Central banks bought far less gold at the start of the year than previously thought, and while demand has since rebounded, their purchases are expected to decline this year, according...

By Preeti Soni and Jack Ryan · Bloomberg Markets

Central banks bought far less gold at the start of the year than previously thought, and while demand has since rebounded, their purchases are expected to decline this year, according to the World Gold Council.