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Central banks’ gold stash now at 12.1% – A level unseen since the 90s
Central banks’ gold stash now at 12.1% – A level unseen since the 90s

Share link:In this post: Central banks now hold 12.1% of the world’s gold reserves, the highest since the 90s, with China, India, Turkey, and Poland leading purchases. Gold prices hit a record $2,772 per ounce this week, up 33% this year, and outperformed major stock markets since 2022. Political and economic shifts are pushing countries to rely less on the dollar, with rising demand for gold as a stable, “safe haven” asset.

Cryptopolitan·2024/10/27 12:44
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