Gold Demand Hit 11-Year High in 2022

31 January 2023

Gold demand grew by 18% to 4,741 tons in 2022, the highest demand in 11 years, according to data compiled by the World Gold Council. Massive central bank purchases coupled with strong retail investor buying and slowing outflows from ETFs drove overall demand higher. Gold demand last year was on par with 2011, “a time […]

The post Gold Demand Hit 11-Year High in 2022 first appeared on SchiffGold.

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