Eastern European central banks are aggressively purchasing gold, becoming the largest buyers globally. Will gold prices rise to 3000 dollars?
Central banks in Eastern European countries are accelerating their gold purchases to diversify investments and cope with external shocks, with the Czech Republic, Poland, Serbia and other countries becoming the largest buyers of gold together.
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Gold futures fell to $2600, but analysts still believe there is long-term demand for hedging.
Gold futures prices continued to decline, marking the fourth consecutive trading day of decline in the past five trading days.
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