Countries that sold most of all gold in May

13:10 - 6.07.2023


July 6 list, Fineko/abc.az. According to preliminary data, the world's central banks sold 27.4 tons of gold from gold and foreign exchange reserves in May 2023.

ABC.AZ reports with reference to the World Gold Council (WGC), for comparison, in April, according to updated data, sales amounted to 69.4 tons.

Türkiye was the largest state seller of gold in May - 62.8 tons, Uzbekistan's reserves also decreased - 10.9 tons, Kazakhstan - 2.4 tons and Germany - 1.8 tons.

Poland bought gold in reserves - 19.9 tons, China - 15.9 tons, Singapore - 3.9 tons, Russia - 3.1 tons, Iraq - 2.3 tons, India - 1.9 tons, Czech Republic - 1.8 tons and Kyrgyzstan -1.5 tons.