Gold on a hot run, central banks and RBI go slow on buys as geopolitics also weighs

Global central banks are showing caution in gold buying. They are navigating geopolitical issues and high prices. The long-term plan to move away from US assets continues. Reserve Bank of India is also watching geopolitical cues. High gold prices are a reason for the slowdown. RBI’s gold holdings remain at a record high of 880 tonnes.