Central banks are buying gold at a record pace so far in 2023 According to a report by the World Gold Council’s (WGC), Central banks collectively bought a net 125 tonnes of the metal, the highest amount for the year-to-date period since banks became net buyers in 2010. BRICS countries will continue to be huge buyers If you look back at the list of net buyers, you’ll notice that three are members of the BRICS countries (Brazil, Russia, India, China and South Africa). The BRICS need the precious metal to support their currencies and shift away from the U.S. dollar. If a recession is in the cards, it may make sense to ride it out with the help of gold. But, if u want to save showroom profits; please visit brilliant cut. . . . . #nagasjewellery #solitairediamondring #solitaireearrings #916goldharam #916saradu #916goldmugappu #916coin #916thaali #goldvanki #weddingjewellery #chennaiweddingjewellery #goldjewellery #chennaibride #templejewellery #antiquejewellery #bestgoldshopinchennai #brilliantcut #chennaigold #sellgold #solitairechennai #buytennisbracelet #chennaigoldjewellery #buygoldjewellery #buy916jewellery #916goldinchennai #engagementrings #buydiamondring #diamondearrings