Central Banks Boost Gold Reserves Amid Rising Geopolitical Tensions

1 min read
Source: Financial Times
Central Banks Boost Gold Reserves Amid Rising Geopolitical Tensions
Photo: Financial Times
TL;DR Summary

Central banks are engaging in gold trading to combat smuggling activities, reflecting efforts to tighten financial controls and curb illegal trade. The article discusses the strategic move by authorities to use gold transactions as a tool against illicit activities.

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