In a region fraught with geopolitical turmoil, Eastern European central banks are loading up on gold. Poland, Hungary, and the Czech Republic have been among the top gold buyers this year, with Poland leading the way. According to a statement by National Bank of Poland Governor Adam Glapiński in September, the county held 420 tons of gold “on behalf of all Poles.” Gold makes up about 16 percent of the country’s total reserves. Glapiński has committed to increasing gold holdings to 20 percent of reserves.
https://activistpost.com/2024/12/eastern-european-countries-loading-up-on-gold-as-chaos-hedge.html
In a region fraught with geopolitical turmoil, Eastern European central banks are loading up on gold. Poland, Hungary, and the Czech Republic have been among the top gold buyers this year, with Poland leading the way. According to a statement by National Bank of Poland Governor Adam Glapiński in September, the county held 420 tons of gold “on behalf of all Poles.” Gold makes up about 16 percent of the country’s total reserves. Glapiński has committed to increasing gold holdings to 20 percent of reserves. https://activistpost.com/2024/12/eastern-european-countries-loading-up-on-gold-as-chaos-hedge.html
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Eastern European Countries Loading Up on Gold as Chaos Hedge - Activist Post
The National Bank of Poland is this year's top gold-buying central bank.
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