Write For Us

Why are central banks hoarding gold? | Counting the Cost

Sponsored Post Vitamin D2 Canada Persia
23 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ava
Published
Gold is precious and often serves as a safe haven; it is a hedge against economic uncertainty and an investment favoured for its stability.

Traders, investors and governments have often looked to it in times of market volatility and it seems the world is looking to gold again.

2022 was an exceptional year for the yellow metal: Demand reached its highest level in more than a decade, and central banks globally bought a staggering $70bn worth of gold - that's the most in 73 years.

Elsewhere, Elon Musk tells employees fired for posts on X that he's got their backs.

Subscribe to our channel http://bit.ly/AJSubscribe
Follow us on Twitter https://twitter.com/AJEnglish
Find us on Facebook https://www.facebook.com/aljazeera
Check our website: https://www.aljazeera.com/
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/
Download AJE Mobile App: https://aje.io/AJEMobile

@AljazeeraEnglish
#Aljazeeraenglish
#News
Category
World
Tags
Al Jazeera, Al Jazeera English, al Jazeera
Sign in or sign up to post comments.
Be the first to comment