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 Oil Prices Spike as US Inflation Concerns Ease and Geopolitical Tensions Rise READ MORE Home Price Growth Decelerates as High Rates Dampen Buyer Enthusiasm READ MORE Gold Performance Key to Silver's Rally, HSBC Reports READ MORE RBI Relocates 100 Tons of Gold from UK to India, More Expected READ MORE What Is the Best Gold to Buy? READ MORE Add a Comment Cancel replyYour email address will not be published.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