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Category: Sell Gold

IMF Release Working Paper on Gold as an International Reserve

On January 27th, 2023, the IMF released a working paper titled, Gold as International Reserves: A Barbarous Relic No More?  It was released with the hope of understanding why central bank gold purchases in 2022 rose to a high since 1967.  However, before diving into the paper itself, it is vitally important we have a…