A World Gold Council survey of 73 central banks reveals a major shift in global reserve preferences.
76% of central banks expect to increase their gold holdings over the next five years, while nearly three-quarters anticipate reducing their dollar reserves.
This trend reflects gold’s appeal as a crisis hedge and portfolio diversifier amid geopolitical tensions.
Central banks have bought over 1,000 metric tons of gold annually for the past three years—double the previous decade’s average—despite gold prices hitting record highs above $3,500 per ounce.