Financials Aug 03, 2021 06:26 AM (GMT+8) · EqualOcean
Since this year, the gold price has fluctuated on the high platform in the past nine years, and several rebounds have failed. According to the latest data of the World Gold Council, in the first half of this year, the global central bank's net gold purchase reached 333.2 tons, 39% higher than the average gold purchase level in the first half of recent five years. On the other hand, institutional investors were "greatly disappointed" in the performance of gold. In the first half of the year, the global gold ETF suffered capital outflow and its position decreased by 129.3 tons, the first time since 2014.

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