Global Central Banks Intensify Focus on Gold Reserves
Global Central Banks Intensify Focus on Gold Reserves
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Recent data from the 2025 Central Banks Gold Reserve Survey indicates a renewed focus on gold among the world's central banks.
As these financial institutions adapt to the changing economic landscape, their strategies increasingly involve boosting their gold reserves.
The survey reveals that 43% of the participating central banks are planning to increase their gold reserves within the next year-a notable rise from 29% in the previous year. Meanwhile, 95% of respondents expect that central banks globally will up their gold reserves in the coming year, an increase from 81% last year.
Looking further ahead, 76% of survey participants foresee gold constituting a more significant part of global reserve assets in five years, compared to 69% who expressed this sentiment last year. Conversely, 73% of respondents think that the US dollar will reduce its share in global reserve assets over the same period, up from 62% last year.
Respondents cite the performance of gold in crises, its portfolio diversification benefits, and its reliability as a long-term store of value as key reasons for its appeal. The survey, drawing insights from 73 central banks around the globe, underscores the perception of gold as a safe-haven asset amid ongoing economic and geopolitical uncertainties.
Shaokai Fan, Global Head of Central Banks and Head of Asia-Pacific (excluding China), highlighted that nearly half of the surveyed central banks plan to increase their holdings within the next year. He noted this as remarkable, given the record-high gold prices observed thus far in 2025.
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