[algore]

If only there was some magic digital crypto goldlike stuff

[TigerLikesRoosterNew]

Household demand?

Are they talking about gold jewelry?

[CurlyDave]

...Analysts from VTB Bank said the central bank's decision looked logical, given the loss of access to $300 billion of its reserves meant the share of gold in available reserves had risen to 40% from 21%.

"With the goal of diversifying the central bank's reserves, at the moment there is no sense in building up reserves in gold," VTB analysts said...

The BS runs thick in this. Essentially bank reserves have fallen, so they want to reduce them some more.