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Poland’s central bank is buying the dip as gold's biggest buyers aren't backing down
(Kitco News) - While speculators and retail investors have been liquidating their gold holdings, one major pillar of support remains firmly in place, with central banks viewing the current price action as a buying opportunity.
The National Bank of Poland (NBP) has been one of the most active buyers in the #gold market, and on Thursday, Governor Adam Glapiński clearly outlined the bank's strategy.
“We’ve been consistently buying gold, taking advantage of the recent price drops,” Glapiński said at a press conference.
He added that the NBP has purchased 82 tonnes of gold so far this year...
Full story can be found at Kitco https://t.co/tnsc3Lxxam