Central Banks Plan Increased Gold Reserves Amid Global Uncertainty: 2024 World Gold Council Survey

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Central Banks Plan Increased Gold Reserves Amid Global Uncertainty: 2024 World Gold Council Survey

The World Gold Council’s 2024 survey reveals that central banks plan to increase gold reserves amid geopolitical and financial uncertainties. Over 80% of respondents expect global bullion holdings to rise, and 29% of central banks plan to boost their own reserves. Motivations include strategic rebalancing, domestic production, and market concerns like crisis risks and inflation. […]

Source: Central Banks Plan Increased Gold Reserves Amid Global Uncertainty: 2024 World Gold Council Survey