Gold: Central bank demand underpins rally – ING
ING’s Ewa Manthey and Warren Patterson report that Gold extended its rally as the People’s Bank of China (PBoC) added 640koz to reserves, marking 21 consecutive months of accumulation. Spot Gold moved above $4,320/oz, supported by ongoing central bank buying and stronger Chinese ETF demand.
We haven't written up this one. FXStreet has the full story — the link below goes straight to it.
This story
This is one outlet's version. Read the fullest account.
