Senior Analyst, India
World Gold Council
Global central bank gold reserves fell by 4t in March (based on latest available data), flipping back to net sales following healthy net purchases of 32.3t in February
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Senior Analyst, India
World Gold Council
Gold prices extended their gain in March, led by higher inflationary pressures and rising geo-political risks. The LBMA Gold Price AM in USD and the MCX Gold Spot in rupees (INR) rose by 1.1% and 1.7% respectively over the month.
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Senior Analyst, China
World Gold Council
Gold prices extended their strength last month. The SHAUPM in RMB and the LBMA Gold Price AM in USD rose further in March, ending Q1 with a 5.2% and 5.7% gain respectively, the largest since Q2 2020.
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Senior Analyst, EMEA
World Gold Council
Global central bank gold reserves fell by 6t in February. This is the second consecutive month of net sales, something not seen since 2020.
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