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Saudi Central Bank Caught Secretly Buying 160 Tonnes of Gold in Switzerland
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Saudi Central Bank Caught Secretly Buying 160 Tonnes of Gold in Switzerland

by Jan Nieuwenhuijs, Money Metals: The Saudis have joined other Asian countries in ditching their long-term sensitivity to the gold price. Evidence suggests the Saudi central bank has been covertly buying 160 tonnes of gold in Switzerland since early 2022, contributing to the current gold bull market. Although the Saudis played a key role in […]
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