Will central banks restart gold buys
The World Gold Council has revealed that 45% of reserve managers expect to increase their gold holdings in the coming year, compared to 54% who plan to maintain their current levels, while less than 1% anticipate a decrease. Despite recent price declines, central banks remain interested in gold and affirm that their strategies have not changed, with demand for the metal continuing as a means of preserving value, diversifying portfolios, and executing geopolitical hedges, especially in emerging markets.
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