Gold purchases by central banks may be twice as high as reported

A summary of the most important gold news and analysis of the last week.

Gold price: $3,353.72 $XAUUSD ( 0.0% ) [View live gold price.]

Change from last week: $11.67 (0.35%)

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Gold news

• Gold purchases by central banks may be twice as high as reported — analyst says they're buying outside traditional markets [Benzinga]

• Central banks pile into gold on the back of Trump-driven turbulence [The Banker]

"Almost 50% of monetary authorities plan to boost their reserves of the precious metal in the next three years."

• Move over, central banks: Sovereign wealth funds are also buying tonnes of gold [Kitco]

• How wealthy investors bet on gold, from buying fractions of a bar to stashing bullions in Swiss military bunkers-turned-vaults [CNBC]

🔮 Gold price forecasts