November 2019 Calendar Excel Editable Template

By   March 19, 2019

Last year alone, central banks bought 651.5 tons of gold, representing an increase of 74% compared to the acquisitions of 2017, which had already been a record year, according to the latest data published by the Council on Thursday. World Gold, (November 2019 Calendar Excel). In total, the world demand for gold reached 4,345.1 tons last year, 4% more than in 2017. “Concerns about a slowdown in global growth, rising geopolitical tensions and the volatility of financial markets mean that central bank demand is reaching its highest level since Nixon ended convertibility of the US dollar into gold in 1971 », justifies Alistair Hewitt, head of market intelligence at the World Gold Council. Only in the third quarter of 2018, monetary institutions received more than 148 tons of gold compared to 98 tons in the previous quarter, an increase of 22% compared to the same quarter of the previous year.

 

November 2019 Calendar Excel

At the head of the purchases is the Russian central bank, reflecting the policy of Vladimir Putin to “de-dollarize” their reserves, which bought 247.3 tons in 2018 and accumulated 13 years of uninterrupted purchases with a total of 2,066, 2 tons. It is already the sixth country in the world with the most gold reserves, behind the United States, Germany, the IMF, Italy and France. The second most active buyer in the market is Turkey, which acquired 55.5 tons in 2018 and continues this year with its purchasing policy, followed by China. And the big news is the central banks of Hungary (31.5 tons) and Poland (25.7 tons), entities that until recently had no presence in the market. In this ranking you have to go down to position 19 to locate Spain with 281.6 tons.

2019 November Calendar Excel Free Download

November 2019 Calendar Excel Editable Template

November 2019 Calendar Excel Printable

November 2019 Calendar Excel Printable

November Calendar Excel 2019 Free Images

November Calendar Excel 2019 Template with Holidays

November Calendar Excel Blank Template Download

November Calendar Excel Blank Template Download

 

Looking ahead to the statistics, November 2019 Calendar Excel is marked as a turning point. It was after the outbreak of the great financial crisis that the central banks returned to an active purchasing policy, driven by a new scenario of geopolitical risks, commercial uncertainty and slowdown in growth, all of which have been accentuated in recent months.  This trend does not go unnoticed by the IMF, which in a seemingly harmless “discussion document” reviews the introduction of the gold standard in Europe in the 19th century, and accuses Germany, by the unilateral transition to the gold standard after the founding of the Reich , in 1871, of being the country responsible for the economic crisis of the 1870s. The IMF economist, Johannes Wiegand, says that the fixing of monetary policy to a precious metal is a cause of deflation, a phenomenon to which the region The euro has remained dangerously encircled since the crisis despite the macro expansive policies of Mario Draghi at the head of the ECB.

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