The World Gold Council has just released its latest data on gold movement from central banks.
After two months of aggregated net sales, October marked a return to net purchases, with 25 tons of gold ventilated.
Here are October's biggest buyers:
Uzbekistan: 8 tons
Turkey: 7 tons
UAE: 6 tons
Qatar: 2 tons
India: 2 tons
This data is further confirming central banks' continued appetite for gold as a strategic asset, and it will be interesting to see where they will stand the end of the year.
