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Gold's value vs Bitcoin rises 21% amid strong central bank purchases in Q3 and October.

Market News
15 Nov 2026, 18:06 WIB
Tokenpost
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Neutral
Gold's value vs Bitcoin rises 21% amid strong central bank purchases in Q3 and October.

Gold's value against Bitcoin increased by about 21% from early October to mid-November, reflecting strong demand from central banks. In Q3, official institutions bought 321 metric tons of gold, the highest quarterly total since late 2024, with China and Poland making significant purchases in October. This trend highlights ongoing reserve diversification and risk management by central banks, though it does not indicate a shift from Bitcoin to gold. The sustained buying suggests gold remains a key asset for official reserves.

Gold's recent gains versus Bitcoin provide context for Pluang's cryptocurrency market data. For readers following crypto, here is Pluang's market snapshot as of Nov 15, 2026 22:41 WIB: out of 50 major cryptocurrencies, 8 rose and 41 fell. Notable movers include EOS at Rp12.649 (+8.13%), ONE at Rp25 (+7.67%), and AVAX at Rp130.724 (-6.51%).

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