Central Banks Say They Are Still Buying Gold — and…

Gold price sits near $4,423 an ounce on Monday, up about 1.1% on the day and pressing back toward $4,400 after a week in which soft US data trimmed the odds of a Federal Reserve rate hike. Two things are worth writing about gold right now, and neither is a price call. The first is that the central banks buying gold say they intend to keep buying. The second is that the analysts paid to forecast…