Central banks are maintaining their “historic pace” of gold buying — and their year-to-date demand has reached a “new record.”
The World Gold Council announced:

“The World Gold Council’s Q3 Gold Demand Trends report reveals that support for the asset continues as central bank buying maintains a historic pace, bringing quarterly gold demand (excluding OTC) to 1,147t, 8% ahead of its five-year average. According to the World Gold Council’s data series, central banks saw the third strongest quarter of net buying, reaching 337t….