South Korea Buys Gold After 13 Years, Japan-US Jointly Intervene in Yen

Published: Aug 4, 2026 18:35

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South Korea's Central Bank Restarts Gold Purchases After 13 Years + Japan-US Joint Intervention in Forex Market.South Korea's central bank increases the share of gold in its foreign reserves, with global central banks purchasing 289 mt of gold in Q2 (+62%); Japan and the US intervene in the yen jointly for the first time in 15 years.

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