Based on data on the Monetary Authority of Singapore website, it added 44.6 tonnes of #gold to its official reserves in January. This is the first increase since June 2021, and the highest monthly purchase on record (back to Aug 2000). Its gold reserves now total 198.4 tonnes. pic.twitter.com/AqaqcfgT0E
— Krishan Gopaul (@KrishanGopaul) March 6, 2023
Central Banks Continue to Stockpile Gold as Recession Looms
h/t Quant2011