Poland's Central Bank Purchases 82 Tons of Gold Year-to-Date, Adding 37 Tons Since April

According to Poland's central bank Governor Glapinski, the bank has purchased 82 tons of gold this year as of July 10, taking advantage of recent price declines. Since releasing April data, the bank added 37 tons valued at approximately $5 billion. Glapinski stated at a Warsaw press conference that the bank continues to buy gold amid the opportunity presented by recent price drops, with gold prices down over 10% since April. Poland's central bank holds 632.4 tons of gold toward a 700-ton target, with 105 tons stored in Poland and the remainder in London and New York.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments