HomeEconomyBuy middle gold banks...

Buy middle gold banks with a record speed

Photo: Getty images

Over the past three years, central banks have accumulated more than 1000 tons of gold. This is a significant growth compared to an average of 400-500 tons over the past decade.

Against the background of geopolitical and economic instability, demand for gold from central banks around the world remains a record. For the past three years, they have been replenished reserves annually over 1000 tons, more than half of the average purchase of 400-500 tons of the past decade. This has been proven by a World Gold Council (WGC) survey.

Growth indicates that gold is especially considered as a major tool for protecting financial stability.

Thus, 95% of respondents believe that the volume of gold reserves of central banks in the world will continue to grow next year. At the same time, a record sharing – 43% – reported intent to increase their own gold reserves. None of the respondents plan to reduce.

The main cause of this trend is inflation protection, maintaining the value of properties in times of crisis and diversity of reserves. Interestingly, doubt about the dollar has increased the same: 73% of banks predict its reduction in world reserves for five years. Instead, increasing the sharing of gold, euro and yuan is expected.

“Gold indicators during the crisis, varying portfolio and inflation of inflation are key topics that refer to plans for the accumulation of more gold next year,” said the WGC report.

Another trend is more active management of gold ownership. If in 2024 it was made of 37% of those -to -go benches, then in 2025 – there are 44%. At the same time, the second place after the harvest as the goal of the management was taken by risk management, even leading the short -term speculation.

The traditional center for storing gold reserves remains The Bank of England – it is selected by 64% of respondents. At the same time, more and more countries returned to the gold house: 59% of banks stored it slightly or completely in the national territory (in 2024 there were only 41% of them). However, only 7% plan to expand internal storage in the coming year.

The dollar costs about 58% of foreign exchange reserves in the world until the end of 2024. Although 10 percentage of less than ten years ago, the Euro component did not increase from nearly 20%. Instead, they won smaller money.

This year, the survey set a new note for the number of participants – 73 Central Bank, which is the highest indicator for eight years of study. A significant increase in the number of participants indicates an increase in the interest of central banks in gold management in difficult modern conditions.

Remember that the part of gold in central bank reserves reached 20% in connection with the increase in their precious metal purchases, as well as its increase in price.

Gold in the first -time history chances have surpassed the line of $ 3500

News from CORRESPONDENT.NET On the telegram and whatsapp. Subscribe to our channels https://t.me/KorresPondentNet and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

South Korean cut denies NJZ request (newjeans)

After a new injunction to obtain authorization to perform activities without the management of the ador, NJZ (Newjeans) has been deniedAfter requesting a new injunction for independent activities, the NJZ (Newjeans) had again the appeal denied by the Senior Court of Civil Division 25-2, as reflected by...

5 doramas that are worth watching more than once

Check out some South Korean doramas that, besides just knowing, are worth assisted for more than onceIn rest times, one of many people's favorite hobbies is to relax watching a good movie or series. Nowadays, doramas are part of the favorite productions of many around the world,...

A few weeks after debut, actor of the live-action of ‘Lilo and Stitch’ dies

Death of the live-action actor of 'Lilo and Stitch' was communicated by a family member through a publication in social networks; Understand!The actor dies David Hekili Kenui Bellwho was in the cast of the live-action of "Lilo & Stitch", Disney's film still on display in Brazilian theaters....

In Ukraine, the new general prosecutor

On June 17, the Verkhovna Rada agreed with the appointment of Ruslan Kravchenko to the post of Prosecutor General. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } The parliament for...