African, Latam nations buying gold from local miners

Breakdown

• Poland, India, China, and central and eastern European banks remain major gold buyers. 5s
• Export-oriented economies with trade surpluses are diversifying reserves into gold. 29s
• African and Latin American central banks are increasingly buying gold from domestic small-scale miners. 55s
• Central banks are motivated by gold's performance during times of crisis, not just its long-term value. 1m 23s
• Recent global crises have reinforced gold's role as a safe haven and diversifier for central banks. 1m 36s