Central Banks Just Love Gold and It's Going to Stay That Way
- China has ‘plenty of room’ to increase its holdings, ANZ says
- Purchases have climbed amid global growth slowdown, trade war
This article is for subscribers only.
Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.
A major gold-buying spree by central banks is likely to persist in the coming years, according to Australia & New Zealand Banking Group Ltd., which flagged the potential for further purchases by nations including China.