Some central banks have sold gold at record prices, cashing in on the global boom

Tue, 05/21/2024 - 04:42

Central banks' gold buying has driven gold prices to record highs.
Consumer and retail investors, too, are snapping up gold as a store of value amid economic and geopolitical uncertainties.
However, some central banks are selling gold — chief among them is Uzbekistan.

Central banks around the world have been snapping up gold, sending prices of the metal to record highs.