Silver On the Edge

Central banks returned to net gold buying in April, purchasing 19 tons after March's brief selling episode, reinforcing a trend that remains dominated by emerging market reserve managers. Central banks returned to net gold buying in April. Poland and China led the acquisitions while World Gold Council data shows official sector demand remains historically strong supporting the view that central banks continue to treat gold as a strategic reserve asset amid geopolitical uncertainty reserve diversification efforts and growing concerns over the long-term stability of traditional reserve holdings like US treasuries. That report is included in this premium post at the bottom.

Gold Fix

********

During 1500s the Spaniards had taken 16,000,000 kilograms of silver from Peru.

Silver Phoenix Twitter                 Silver Phoenix on Facebook

The Complete Silver Investing Guide (Free)
After Silver's Historic Rally—Is It Still Worth Buying? Free 54-page guide.