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Today I Learned: The Bangko Sentral ng Pilipinas Sold the Most Gold Worldwide in the First Half of 2024

While other countries are beefing up their gold reserves, the Philippines unloaded nearly 25 tons of gold so far in the first six months of the year, according to official reports.

The Bangko Sentral ng Pilipinas has reacted to this story. Read the statement here.Just how valuable is gold nowadays? As of August 2024, gold topped $2,500 (about P140,000) per ounce for the first time in history. That means a ...

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