How Central Banks Decide How Much Gold to Hold

The World Gold Council’s 2026 survey asked 76 central banks how they decide how much gold to hold. The answer comes down to three objectives: safety, liquidity, and return — in that order. Here’s what that framework looks like in practice, why a record 45% of central banks plan to increase their allocation this year, and why the same logic applies to individual investors.
Rate Hike Odds Just Hit 85%. Gold Is Up. Here’s Why.

Rate hike odds just hit 85%. Gold is up anyway. Most headlines won’t explain why — because the answer requires flipping the standard model upside down. The number that actually drives gold isn’t the fed funds rate. It’s the real yield. Here’s the mechanism.
