Krishan Gopaul (@krishangopaul) 's Twitter Profile
Krishan Gopaul

@krishangopaul

Senior Analyst, EMEA, at the World Gold Council.
All views are my own. Retweets ≠ endorsements.
Not investment advice.

ID: 1404374477740429314

calendar_today14-06-2021 09:46:06

1,1K Tweet

8,8K Followers

174 Following

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At the end of April, the National Bank of Serbia held 49 tonnes of #gold based on data reported to the IMF. According to this news report, that they have continued buying beyond this point, with gold reserves now above 50 tonnes.

At the end of April, the National Bank of Serbia held 49 tonnes of #gold based on data reported to the IMF. According to this news report, that they have continued buying beyond this point, with gold reserves now above 50 tonnes.
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Global #gold ETFs registered another US$2bn of net inflows last week. Asia was the only region to see net outflows, led by Chinese-listed funds. See the detailed data here: gold.org/goldhub/data/g…

Global #gold ETFs registered another US$2bn of net inflows last week. Asia was the only region to see net outflows, led by Chinese-listed funds. See the detailed data here: gold.org/goldhub/data/g…
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"...as fiscal concerns come to the fore, #gold – an alternative safe-haven asset – should remain supported." Read more from my colleague Jeremy De Pessemier on Goldhub: gold.org/goldhub/gold-f…

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In this OMFIF report, they find that 32% of central banks expect to increase #gold holdings in the next 12–24 months. This is consistent with the findings from our central bank survey released last week: gold.org/goldhub/resear…

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Latest IMF data shows that #gold reserves at the National Bank of Cambodia rose by a further 1 tonnes in May. This brings YTD net purchases to 8 tonnes, lifting 54 tonnes.

Latest IMF data shows that #gold reserves at the National Bank of Cambodia rose by a further 1 tonnes in May. This brings YTD net purchases to 8 tonnes, lifting 54 tonnes.
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The Bank of England remains the most popular vaulting location for #gold reserves amongst central banks (64%), but a significantly higher percentage reported some domestic storage this year than they did last year (59% in 2025 vs 41% in 2024). gold.org/goldhub/resear…

The Bank of England remains the most popular vaulting location for #gold reserves amongst central banks (64%), but a significantly higher percentage reported some domestic storage this year than they did last year (59% in 2025 vs 41% in 2024). gold.org/goldhub/resear…
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Updated data from the IMF now shows that the Qatar Central Bank added 2 tonnes to its #gold reserves in April. This increases its YTD net purchases to 4 tonnes, and total gold reserves to 115 tonnes.

Updated data from the IMF now shows that the Qatar Central Bank added 2 tonnes to its #gold reserves in April. This increases its YTD net purchases to 4 tonnes, and total gold reserves to 115 tonnes.
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Data from the Monetary Authority of Singapore shows that it reduced its #gold reserves by 5 tonnes in May. This means it has sold a net 10 tonnes YTD, leaving its gold holdings at 210 tonnes.

Data from the Monetary Authority of Singapore shows that it reduced its #gold reserves by 5 tonnes in May. This means it has sold a net 10 tonnes YTD, leaving its gold holdings at 210 tonnes.
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Here is the latest tally of the largest central bank #gold buyers and sellers, as at the end of May (where available). See all the data on Goldhub: gold.org/goldhub/data/g…

Here is the latest tally of the largest central bank #gold buyers and sellers, as at the end of May (where available). See all the data on Goldhub: gold.org/goldhub/data/g…
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It seems to be central bank survey season! This time it's a UBS survey which finds that 52% of respondents plan to add #gold to their reserves in the next 12 months (sample size ~40). Geopolitics is also a key theme, echoing the findings from our own survey.

It seems to be central bank survey season! This time it's a UBS survey which finds that 52% of respondents plan to add #gold to their reserves in the next 12 months (sample size ~40). Geopolitics is also a key theme, echoing the findings from our own survey.
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Quarterly-average AISC for #gold rose to US$1,536/oz in Q1'25 - the highest quarter on record and the first time it has gone above US$1,500/oz in our series. This is 6% higher q/q and 11% higher y/y, showing that the trend of rising mining costs continues. gold.org/goldhub/data/a…

Quarterly-average AISC for #gold rose to US$1,536/oz in Q1'25 - the highest quarter on record and the first time it has gone above US$1,500/oz in our series. This is 6% higher q/q and 11% higher y/y, showing that the trend of rising mining costs continues. gold.org/goldhub/data/a…
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The Bank of Ghana has reported adding another 1 tonnes to its #gold reserves in June. Its YTD net purchases now total 2 tonnes, lifting its gold reserves to 33 tonnes.

The Bank of Ghana has reported adding another 1 tonnes to its #gold reserves in June. Its YTD net purchases now total 2 tonnes, lifting its gold reserves to 33 tonnes.
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Perth Mint #gold minted product sales rose 16% m/m and 46% y/y in June, to 32,901oz. This pushes YTD gold minted product sales to 189,047oz, 13% higher than H1 2024.

Perth Mint #gold minted product sales rose 16% m/m and 46% y/y in June, to 32,901oz. This pushes YTD gold minted product sales to 189,047oz, 13% higher than H1 2024.
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The People's Bank of China has reported a 2 tonne increase in its #gold reserves in May - the eighth consecutive month of buying. This lifts YTD net purchases to 19 tonnes, and gold reserves to 2,299 tonnes.

The People's Bank of China has reported a 2 tonne increase in its #gold reserves in May - the eighth consecutive month of buying. This lifts YTD net purchases to 19 tonnes, and gold reserves to 2,299 tonnes.
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Data published by the Central Bank of Uzbekistan shows its #gold reserves rose by 9 tonnes in June - the first monthly increase since January. However, it still remains a net seller YTD (18 tonnes). Gold reserves now total 365 tonnes.

Data published by the Central Bank of Uzbekistan shows its #gold reserves rose by 9 tonnes in June - the first monthly increase since January. However, it still remains a net seller YTD (18 tonnes). Gold reserves now total 365 tonnes.
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Global #gold ETFs saw inflows of US$38bn during H1, boosted by positive June flows (US$8bn) and marking the strongest semi-annual performance since H1 2020. All regions saw inflows last month, led by North American and European investors. See the data: gold.org/goldhub/data/g…

Global #gold ETFs saw inflows of US$38bn during H1, boosted by positive June flows (US$8bn) and marking the strongest semi-annual performance since H1 2020. All regions saw inflows last month, led by North American and European investors. See the data: gold.org/goldhub/data/g…
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Czech National Bank #gold reserves rose by 2 tonnes in June, based on newly reported IMF data. This lifts YTD net purchases by the CNB to 11 tonnes, and total gold reserves to 62 tonnes.

Czech National Bank #gold reserves rose by 2 tonnes in June, based on newly reported IMF data. This lifts YTD net purchases by the CNB to 11 tonnes, and total gold reserves to 62 tonnes.