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DID YOU KNOW?
➡️ 🇵🇭 The Central Bank of the Philippines was the largest gold seller globally in 2024 with 29.4 (-18.48%) metric tons of gold sold, per World Gold Council.
➡️ PH's Central Bank reason was part of its active gold reserve management strategy. They also took advantage of record-high gold prices in 2024.
➡️ The Central Bank emphasized the sale did not compromise gold’s role as insurance and a safety asset.
via | esquiremag
data source: World Gold Council
#Philippines #gold