Goldman Sachs: Global central bank gold purchases accelerate, gold prices expected to rise to $4900 by the end of 2026.
According to the Zhixin Finance and Economics APP, the latest report from Goldman Sachs shows that after the summer gold buying season has ended, global central banks are speeding up their purchases of gold again. In September, the Chinese central bank added approximately 15 tons of gold to its foreign exchange reserves, leading to a significant increase in the monthly gold purchases by official sectors worldwide.
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