In today’s fragile political and financial environment, gold is regaining prominence in the strategies of warily observant reserve managers. ‘Gold is good when other assets are not safe,’ said a participant at OMFIF’s annual seminar in London, in partnership with State Street Global Advisors in May. The event brought together senior representatives from central banks, public pension funds and sovereign funds to discuss how geopolitical risks and shifting market dynamics are shaping reserve strategies. The remark, however, encapsulates a growing shift in how central banks perceive gold’s role in an increasingly ... (full story)