neutral
3h agoJefferies says central-bank demand supports gold and suggests adding on dips
Jefferies’ Christopher Wood noted central banks bought a net 219.9 tonnes of gold in Q3 2025, up from 172 tonnes in Q2, citing World Gold Council data.
IMF figures show reserves at about 1,171.2 million oz at September-end, worth roughly US$4.48 trillion at prevailing prices. With prices elevated after a strong year, the house view is to accumulate on corrections given ongoing official-sector demand and diversification.
For Indian investors, rupee weakness and import duties remain key variables for realised returns.
Explore:High Return Equity Mutual Fund
neutral
3h agoJefferies says central-bank demand supports gold and suggests adding on dips
Jefferies’ Christopher Wood noted central banks bought a net 219.9 tonnes of gold in Q3 2025, up from 172 tonnes in Q2, citing World Gold Council data.
IMF figures show reserves at about 1,171.2 million oz at September-end, worth roughly US$4.48 trillion at prevailing prices. With prices elevated after a strong year, the house view is to accumulate on corrections given ongoing official-sector demand and diversification.
For Indian investors, rupee weakness and import duties remain key variables for realised returns.
Explore:High Return Equity Mutual Fund
about 4 hours ago
1 min read
78 words
Jefferies points to strong official-sector buying and recommends adding gold on price corrections.
Jefferies’ Christopher Wood noted central banks bought a net 219.9 tonnes of gold in Q3 2025, up from 172 tonnes in Q2, citing World Gold Council data.
IMF figures show reserves at about 1,171.2 million oz at September-end, worth roughly US$4.48 trillion at prevailing prices. With prices elevated after a strong year, the house view is to accumulate on corrections given ongoing official-sector demand and diversification.
For Indian investors, rupee weakness and import duties remain key variables for realised returns.
Jefferies’ Christopher Wood noted central banks bought a net 219.9 tonnes of gold in Q3 2025, up from 172 tonnes in Q2, citing World Gold Council data.
IMF figures show reserves at about 1,171.2 million oz at September-end, worth roughly US$4.48 trillion at prevailing prices. With prices elevated after a strong year, the house view is to accumulate on corrections given ongoing official-sector demand and diversification.
For Indian investors, rupee weakness and import duties remain key variables for realised returns.
Tags:
economy
commodities
economy
commodities
gold
central banks
India
Nov 8, 2025 • 10:29 IST