Central bank purchases drive gold’s biggest gain
2 junio, 2025
Central bank purchases drove the biggest gain in gold prices since 2010 in 2024, at an average of 2,386.20 dollars per ounce, noted Mexican mining
Central bank purchases drove the biggest gain in gold prices since 2010 in 2024, at an average of 2,386.20 dollars per ounce, noted Mexican mining
Half of global trade uses the dollar as its primary currency, according to a U.S. congressional analysis. The U.S. government has the ability to print
World gold demand grew at a year-on-year rate of 3% in 2023, to 4,899 tonnes, according to the World Gold Council, based in London, UK.
Gold demand by central banks and other institutions worldwide grew at a year-on-year rate of 152.3% in 2022, to 1,135.7 tonnes, according to data from
Industrias Peñoles is comprised of 21 operating plants and is the world’s largest producer of refined silver and is the Latin American leader in the
World economic growth slowed to 3.3% in 2022 from 6.5% in 2021, and headwinds will continue to increase in 2023, according to UBS Group AG.
Mexico‘s Ministry of Finance and Public Credit (SHCP) showed the world and Mexico’s inflation trend and gave its outlook on the matter. One version of
Royal Bank of Canada, Canada’s largest bank, reported that it expects moderate recessions in Canada and the United States in 2023. In 2022, while global
World inflation continued to be high, remaining at levels not seen in decades in some of the main economies, according to Banco de México (Banxico).
The Bank of Mexico (Banxico) released this Monday the results of Mexico‘s Balance of Payments in the Third Quarter of 2022. First of all, in
Central bank purchases drove the biggest gain in gold prices since 2010 in 2024, at an average of 2,386.20 dollars per ounce, noted Mexican mining
Half of global trade uses the dollar as its primary currency, according to a U.S. congressional analysis. The U.S. government has the ability to print
World gold demand grew at a year-on-year rate of 3% in 2023, to 4,899 tonnes, according to the World Gold Council, based in London, UK.
Gold demand by central banks and other institutions worldwide grew at a year-on-year rate of 152.3% in 2022, to 1,135.7 tonnes, according to data from
Industrias Peñoles is comprised of 21 operating plants and is the world’s largest producer of refined silver and is the Latin American leader in the
World economic growth slowed to 3.3% in 2022 from 6.5% in 2021, and headwinds will continue to increase in 2023, according to UBS Group AG.
Mexico‘s Ministry of Finance and Public Credit (SHCP) showed the world and Mexico’s inflation trend and gave its outlook on the matter. One version of
Royal Bank of Canada, Canada’s largest bank, reported that it expects moderate recessions in Canada and the United States in 2023. In 2022, while global
World inflation continued to be high, remaining at levels not seen in decades in some of the main economies, according to Banco de México (Banxico).
The Bank of Mexico (Banxico) released this Monday the results of Mexico‘s Balance of Payments in the Third Quarter of 2022. First of all, in
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