Global gold demand hit highest in a decade in 2022, boosted by soaring purchases from central banks and other investors seeking shelter from rocketing inflation.
Demand for gold rocketed almost a fifth to 4,740.7 tonnes in 2022 from the prior year, the World Gold Council (WGC) said in a report.
Purchases from central banks more than doubled to reach 1,136 tonnes, the highest total for more than five decades, as the Ukraine war fuelled inflation. Gold jewellery . . .
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