By Yihui Xie
Bloomberg News
via Yahoo News, Sunnyvale, California
Sunday, May 17, 2026
Central banks are expected to step up gold-buying, helping prices to recover by year-end, according to Goldman Sachs Group Inc.
Purchases are expected to pick up to average 60 tons a month over 2026, analysts Lina Thomas and Daan Struyven said in a note dated May 15. Under a revised framework for estimated accumulation, the 12-month moving average of purchases was 50 tons in March, up from a prior figure of 29.
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For central banks, there's "strong underlying interest in gold, and recent geopolitical developments are likely to reinforce diversification," the analysts said, citing an in-house survey, without giving details. ...
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