Central Bank Predicts Gold Prices Could Begin To Decline

Last updated: June 12, 2025, 07:03

Central Bank Predicts Gold Prices Could Begin To Decline

Central banks have been buying

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Central banks have been buying gold at a record pace as a hedge against inflation, says Aversano. As inflation begins to cool, [their gold purchases] may begin to taper

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Gold prices hovered around the

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Gold prices hovered around the $2,340 mark on Wednesday and are up by nearly 14 points. It experienced a surge of 0.58% in the day’s trade and is looking to regain its

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Central Bank Predicts Gold Prices Could Begin to Decline