Central Banks Shift from Gold Buying to Selling Amid Liquidity Pressures
Central banks are selling gold at record levels due to liquidity pressures driven by geopolitical tensions and rising oil prices. Gold has fallen about 12% from its January peak, marking a reversal from last year's buying trend. Emerging market central banks are leading the sell-off to stabilize currencies and fund increased energy and defense spending.
Topics: central bank gold sales currency volatility emerging markets geopolitical risks gold prices