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A worker plunges a gold ingot into a cooling bath at the Uralelectromed Copper Refinery, operated by Ural Mining and Metallurgical Company, in Verkhnyaya Pyshma, Russia, on July 30, 2020. Central banks are estimated to have bought more gold in the third quarter of 2022 than ever before. Photo: Bloomberg

A employee plunges a gold ingot into a cooling bathtub at the Uralelectromed Copper Refinery, operated by Ural Mining and Metallurgical Firm, in Verkhnyaya Pyshma, Russia, on July 30, 2020. Central banking institutions are believed to have acquired additional gold in the 3rd quarter of 2022 than ever right before. Image: Bloomberg

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