Korean Central Bank Buys Gold for First Time in 13 Years, Joining Global Trend

Published: Aug 14, 2026 10:40
[SMM Precious Metal Express] The Bank of Korea purchased gold for the first time in 13 years and indicated it may continue to increase holdings. Following the PBoC's 21 consecutive months of gold purchases, another major Asian central bank has joined the buying spree, reinforcing the long-term demand support for gold amid the persistent global central bank gold-buying trend.

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