📰 News Alert...

🔖 Title: Central Banks Stock Up on Gold: A Strategic Move Amid Economic Uncertainty

🗓️ Published: 2025-06-11T20:01:35+03:00

📄 Summary: Central banks have significantly increased their gold holdings, reaching 36,000 tonnes last year, nearly matching historic highs from the Bretton Woods era. This surge, with purchases doubling compared to the last decade, reflects a strategic shift as central banks aim to diversify portfolios and mitigate risks from geopolitical tensions. The rising gold prices, touching $3,342 per troy ounce, underscore its position as the second-largest global reserve asset after the dollar.

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