In a global context loaded with economic and geopolitical uncertainty, entities opt for gold as a “definitive value refuge” to protect their reserves. The dollar loses ground.
Increasingly central banks throughout the world They bet on gold as a value reserve and partially leave the dollar American, mainly because of the global context starring a commercial war and the war conflict in the Middle East.
According to him World Golden Council (WGC), the demand for precious metal by central banks grew strongly in the last three years. And facing the future, the 76% of the 73 agencies surveyed He indicated that he waits increase their gold holdings in five yearswhen a year ago the projection was 69% of the participants.
Also, about 75% of the institutions consulted indicated that The dollar reserves will be lower in five years. In comparison, this prognosis was considered by 63% in the survey made in 2024.
Why does gold earn attractive?
59% of the central banks surveyed identified the possible commercial friction and tariffs initiated by US President Donald Trump as relevant factors in the management of their reserves.
“The performance of gold in times of crisis, the diversification of the portfolio and the coverage against inflation are some of the key issues that promote plans for accumulate more gold during the next year“The Council said.
The report reported that Central banks kept more than 1,000 tons of gold per year from 2022twice the average of between 400 and 500 tons per year of the previous decade. According to the WGC, the marked acceleration of the accumulation rhythm “occurred in a context of geopolitical and economic uncertainty.”
Facing the future, A 95% record of respondents anticipate an increase in gold reserves of central banks in the next 12 monthsagainst 81% of the previous year. And for these reserves, the Bank of England remains the preferred destiny of organisms.
In this framework, The price of gold already accumulates a revaluation of 45% in the last twelve months and 96% in the last five years, practically the same as the S&P 500 index of US actions.
Source: Ambito
