Central Banks ‘Scoop Up a Load’ of Gold in Bumpy First Quarter

Central banks added gold holdings at the fastest pace in more than a year in the first quarter, as a slump in prices encouraged a wave of buying that more...

By Preeti Soni, Jack Ryan · Bloomberg Markets

Central banks added gold holdings at the fastest pace in more than a year in the first quarter, as a slump in prices encouraged a wave of buying that more than offset sales by a handful of institutions.