A recent survey by the World Gold Council reveals a growing trend among central banks to repatriate gold reserves from vaults in London and New York, opting for increased domestic storage or diversified overseas locations. Over the last four years, central banks have purchased an average of 1,000 tons of gold annually, a significant increase from the previous decade's average. Nearly 90% of surveyed central banks anticipate a rise in global central bank gold reserves in the coming year.
Central Banks Intensify Gold Repatriation Amid Rising Purchases
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