First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/09/12/saudi-central-bank-caught-secretly-buying-160-tonnes-of-gold-in-switzerland-003458
<p><img src='https://www.moneymetals.com/uploads/content/Saudi-Central-Bank-Caught-Secretly-Buying-160-Tonnes-of-Gold-in-Switzerland--1-.jpg'/></p>Evidence suggests the Saudi central bank has been covertly buying 160 tonnes of gold in Switzerland since early 2022, contributing to the current gold bull market.