First published by Money Metals Exchange here:
https://www.moneymetals.com/news/2021/11/02/worried-foreign-central-banks-boost-gold-reserves-002401
After sitting on the sidelines for much of last year, central bank appetite for gold has resumed, in part due to inflationary pressures globally along with disruptions in the energy market. Russia recently reached a milestone record for its gold reserves, now ranking fifth in the world for the size of its holdings.
