Central Banks Buy 41 Tonnes of Gold While Prices Log a 4th Straight Monthly Loss
Covered by 2 sources · 2 articles
2 outlets - including Coinotag and Beincrypto - are covering this story. Crypto News Central banks bought a net 41 tonnes of gold in May even as the metal logged its fourth consecutive monthly loss, a divergence that matters for every macro asset including Bitcoin (BTC)...
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Bitcoin Near $62K as Central Banks Add 41 Tonnes of Gold in May
Crypto News Central banks bought a net 41 tonnes of gold in May even as the metal logged its fourth consecutive monthly loss, a divergence that matters for every macro asset including Bitcoin (BTC)...
Central Banks Buy 41 Tonnes of Gold While Prices Log a 4th Straight Monthly Loss
Gold extended its losing streak in June, recording a fourth consecutive red month as expectations of Fed rate hikes and Middle East uncertainty weighed on prices. Despite this, new data shows that central bank demand remained strong. The me…