Saudi Central Bank Caught Secretly Buying 160 Tonnes of Gold in Switzerland
Note how one of the major reasons given, is ever since Russian assets were seized, CB’s want out of the Dollar and into Gold….held in their vaults…….not sure how many dollars are hld offshore by CB’s…but I think it is a fair guess that we need another 1 or two noughts on the price to hoover a fraction of those dollars up.