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Spot Gold Surges Past $4,500 as Global Central Banks Boost Reserves

Russia’s holdings reach 1,948 tons, overtaking global peers, while India and Turkey increase gold accumulation amid the metal’s 70% yearly rise.

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Terms & Concepts
  • Spot Gold: The current market price at which gold can be bought or sold for immediate delivery.
  • Central Bank Reserves: Gold or foreign currency assets held by a nation’s central bank to support financial stability and currency value.