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World Gold Council
GOLDCOUNCIL
Gold ETFs continued to attract attention in China last month - gold consumption, however, cooled. Research Head, Ray Jia, shares all the data in his latest blog. Read it here: spr.ly/60105U10n pic.twitter.com/SEptfF50F2
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World Gold Council
GOLDCOUNCIL
We're thrilled to see the Retail Gold Investment Committee launched this week at the Asia Pacific Precious Metals Conference. Read about the committee here in Business Times: spr.ly/60155lach
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Krishan Gopaul
KrishanGopaul
Calculations based on data published by the Central Bank of Turkey show that official (CB + Treasury) #gold reserves rose by almost 6 tonnes in May - that's now 12 consecutive months of buying. YTD net purchases total 44 tonnes, lifting gold holdings to 584 tonnes. pic.twitter.com/Abx52LJrcd
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Krishan Gopaul
KrishanGopaul
YTD (to end-May) #gold in RMB has surged by more than 15%, outperforming all major assets in China. Robust demand, geopolitical risk spikes, RMB weakness, and the prospect of a global easing cycle ahead, were the main drivers of gold’s strength. Read more: www.gold.org/goldhub/gold-focus/2024/06/chinas-gold-market-may-gold-etfs-continued-attract-attention-while pic.twitter.com/ZHWuyDUUKF
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