Spread the loveNov. 12, 2023 8:15 pm ET0112 GMT — Gold prices edge higher in early Asian trade amid strong central-bank gold purchases. “Central banks have bought 800 tonnes of gold over the last three quarters, well above our expectations,” ANZ analysts say in a research note. The analysts reckon strong purchases by central banks should reduce the burden on physical and investment demand for clearing the market surplus. Spot gold is 0.1% higher at $1,940.12/oz. Copyright and Credit go to the News Agencies, email [email protected] Follow our WhatsApp verified Channel

Source: Wall Street Journal November 13, 2023 05:07 UTC