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The voracious accumulation of gold by central banks has been making headlines since 2022 when countries led by China, Turkey, and India started increasing their gold reserves at the fastest pace in decades. Gold has been one of the best-performing assets in the world in 2024, thanks to the voracious appetite for the yellow metal by the world’s apex banks. According to the World Gold Council, central banks may be on track to buying as much or even more gold than they did in 2022 and 2023. Global official gold reserves increased by 290 metric tons in the first quarter of the year, the largest first-quarter increase in over 24 years and 69 percent higher than the five-year quarterly average. The gold accumulation has continued in the second quarter, with central bank respondents to various surveys revealing they plan to buy even more gold for their reserves within the next twelve months. We bring you the latest news, insights, and analysis on gold, silver, and copper. Our videos cover a wide range of topics, including gold price, gold prediction, gold price forecast, silver price, silver price prediction, copper price, market trends, investment strategies, and industry news. We share interviews from experts like Rick Rule, Peter Schiff, Mike Maloney, Lynette Zang, and many others. Stay up-to-date with the world of finance and make informed decisions with our expert insights. Subscribe now and never miss a video! Credit: Commodity Culture SILVER is the Most Undervalued Asset I've Ever Seen in 35 Years of Finance: Andy Schectman #gold #goldpriceprediction #andyschectman #silver #silverprice #silverprediction
