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The Daily Hodl

Global Central Banks Splurge $42,423,360,000 on Gold in Just Three Months Amid Heightened ‘Geopolitical Risk and Concerns’

By Daily Hodl Agent

Central banks added a net 321 tonnes of gold in the third quarter, the most since late 2024, the World Gold Council says. The post Global Central Banks Splurge $42,423,360,000 on Gold in Just Three Months Amid Heightened ‘Geopolitical Risk and Concerns’ appeared first on The Daily Hodl.

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Central bank

The public institution that manages a country's currency, money supply and benchmark interest rate, such as the Federal Reserve or the Reserve Bank of India.

Its decisions on rates and money supply move loan costs, currencies and markets for everyone in the economy.

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Geopolitics

The way geography, resources and power shape relations and rivalries between countries.

Geopolitical tensions influence trade, energy prices and security around the world.

More about Geopolitics

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