Mumbai, July 8 -- Global central banks kept on buying gold in May compared to other months, according to a latest update from the World Gold Council (WGC). Central banks bought only 20 tonnes of gold, which dips under the 12-month average of 27 tonnes but still maintains a steady rate that's been going on for years. Despite this, fresh tensions in the Middle East have reinforced gold's strategic appeal for central banks seeking protection from geopolitical shocks. The WGC's recently released Central Bank Gold Reserves Survey 2025 also highlights this ongoing interest. Central banks worldwide continue to focus on gold, with 95 per cent of respondents expecting official reserves to grow. This marks an increase from 81 per cent last year. Addi...