Korea Joins Gold-Buying Trend, Central Bank to Purchase Domestic Gold Bars After 13 Years

Published: Aug 4, 2026 09:12

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[SMM Precious Metal Express] The Bank of Korea announced plans to purchase domestically refined gold bars for the first time in 13 years. Following the People's Bank of China's consecutive increases, Korea joins the gold-buying trend, with continued central bank demand expansion providing medium-to-long-term support for gold.

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