It’s wonderful to be back in Venice for amfAR Venezia, supporting amfAR’s incredible work. Gold is more than just a beautiful, timeless store of value - it’s all around us, used in tech, medicine and more.
Gold ended April flat, weighed down by a return of risk appetite. But a weaker US dollar and ETF inflows led by Europe provided support. Read more in our latest Gold Market Commentary.
Central banks collectively sold 30t of gold in March. Turkey made the biggest move in the month, using part of its gold reserves for FX and liquidity purposes.