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EM central banks continue to buy gold in Q2

Joe Marsh
Asian central banks have been less active than those in other emerging markets, and European central bank activity remains flat. But other investors are showing strong demand.
EM central banks continue to buy gold in Q2

Continuing uncertainty over how to deal with inflation and ongoing developed-country debt worries led certain emerging-market central banks to boost their gold holdings in the second quarter, says the World Gold Council (WGC). Exchange-traded funds and other investment products have also seen significant net inflows.

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