🇨🇩 Congo Central Bank Starts Buying Gold for Reserves 🪙
The Central Bank of the Democratic Republic of Congo has begun purchasing gold from a state-owned trader to add to its foreign reserves — marking a strategic shift toward hard-asset holdings.
• Gold buying aims to diversify and strengthen national reserves
• Adds to global trend of central banks accumulating bullion
• Reflects growing official demand even as markets stay volatile
• Central banks like China also continue gold purchases amid price swings
Expert Insight:
As gold reasserts its role as a safe-haven reserve asset, moves by emerging-market central banks highlight broader diversification strategies in uncertain macro environments.
#Gold #centralbank #Congo #Reserves #MarketUpdate $USDC $PAXG $XAU
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