Global Central Banks Favor Gold Over Dollar, Expecting Increased Reserves Central banks worldwide are expected to increase their gold reserves this year amid growing pessimism about the US dollar, according to a World Gold Council report. Over 80% of surveyed reserve managers anticipate higher global gold holdings, with nearly 30% planning to add to their reserves. The shift is driven by economic and political uncertainties and the desire to mitigate risks. The US dollar’s decline in favor is due to concerns over its use in geopolitical conflicts and domestic issues. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts How Weakening Debt Terms Are Reshaping the Bond Market READ MORE Global Equity Slump Forces Gold Selloff, Prices Drop Below $2,425 READ MORE Countries at Climate Risk Face Soaring Debt Payments, Report Reveals READ MORE Gold Prices are Dropping. CBSNews Shares 5 Good Reasons to Invest Now READ MORE Economist Warns of Imminent Recession as 19 States Show Rising Unemployment READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment