Russia’s central bank and monetary authority
The central bank has kept the policy rate steady, citing price stability and a steady growth outlook amid global risks. Domestic growth remains solid, while inflation remains within the target band despite recent upticks.
China has continued its 23-month gold-buying streak, adding about 23 tonnes in September and expanding domestic gold use as a hedge against dollar exposure and sanctions. Private demand is rising as households seek safe assets amid a slowing economy and geopolitical risk.