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The Daily Hodl 2023-05-26 00:04:31

Central Banks To Amass $48,000,000,000 Worth of Gold This Year Amid US Dollar Weaponization: UBS

Banking giant UBS says demand for gold from central banks around the world is likely to surge this year as countries back away from the US dollar. In a new report, UBS says it expects central banks to accumulate 700 metric tons of gold worth $48.74 billion this year. According to the financial titan, central The post Central Banks To Amass $48,000,000,000 Worth of Gold This Year Amid US Dollar Weaponization: UBS appeared first on The Daily Hodl .

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