Record gold purchases by central banks, large chunks are mystery buyers

top3 gold Record gold purchases by central banks, large chunks are mystery buyers

Gold saw $50 gains on Friday after a very turbulent week. October employment report and signs that China could be easing its COVID-zero policies pushed prices higher.

Here's a look at Kitco's top three stories of the week:2. Gold price drops as Fed Chair Powell says 'ultimate level' of rates will be higher than previously expectedBy Anna Golubova For Kitco News

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