Banknote Blog

Introduction: The Silent Titans of the Gold Market While the financial press and retail investors fixate on gold's record-breaking prices, tracking daily fluctuations and exchange-traded fund (ETF) flows, the most powerful and consequential player in the market operates with strategic patience and immense scale, largely away from the public glare. This player is not a hedge fund titan or a speculative consortium, but the collective force of the world's central banks. Their recent activity in th …