Record Gold Bullion Buying by Central Banks Through Q3 2023

Win 500 Silver Eagle Coins! Enter here: SUBSCRIBE to Our Channel: Through the first 3 quarters of this year, 2023, central banks are collectively again on trend to buy more gold bullion by tonnage than they ever have in prior years. Silver and gold markets were mixed through this week’s trading. The spot silver price finished over $ oz bid price while the spot gold price closed just under $2,000 oz bid. The spot gold-silver ratio sank to close at 85 on silver’s relative strength over gold this week. Hopefully, you understand the basic math that is likely to propel bullion into another eventual mania phase ahead and are prudently allocated accordingly. That will be all for this week’s SD Bullion Market Update. As always, to you out there. Take great care of yourselves and those you love. Demand for gold set to keep glittering in China China’s Gen-Z buying most of the nation’s consumer gold Thai Central Bank a few reasons they give for recently buying more official gold Royalty-Free Music provided by –––––––––––––––––––––––––––––– Lapse - jiglr / jiglrmusic Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: Music promoted by Audio Library –––––––––––––––––––––––––––––– Swiss View by TVARI Creative Commons — Attribution-ShareAlike 3.0 Unported CC BY-SA 3.0 Free Download / Stream: Music promoted by Audio Library –––––––––––––––––––––––––––––– Track: The Great Wall And Taj Mahal — WOMA [Audio Library Release] Music provided by Audio Library Plus Watch: Free Download / Stream: –––––––––––––––––––––––––––––– Track: Me and You — Next Route [Audio Library Release] Music provided by Audio Library Plus Watch: Free Download / Stream: –––––––––––––––––––––––––––––– Jungle Drive by tubebackr & Ferco / tubebackr / fercomusic Creative Commons — Attribution-NoDerivs 3.0 Unported — CC BY-ND 3.0 Free Download / Stream: Music promoted by Audio Library ––––––––––––––––––––––––––––––