Gold rush! Despite gold prices at record high, central banks add yellow metal to forex portfolio; but RBI isn’t buying as much as last year

Data from the World Gold Council revealed that global central banks made net additions of 15 tonnes to their gold reserves in August. (AI image) Gold prices are hitting new lifetime highs every week, but the rally is not deterring central banks around the world from stacking up gold to diversify foreign exchange reserves away…

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