Central banks forecast more gold purchases, fewer US dollar reserves in years ahead | Metals Mine

  • Central banks forecast more gold purchases, fewer US dollar reserves in years ahead

    From finance.yahoo.com

    Central banks around the world are snapping up gold (GC=F) at a record pace while forecasting a pullback in US dollar reserves in the years ahead. According to a survey from the World Gold Council, 95% of central bank respondents expect global gold reserves to rise over the next 12 months. A record 43% said they plan to increase their own holdings during that time. At the same time, 73% of central banks anticipate a moderate or significant decline in US dollar holdings within global reserves over the next five years. Respondents expect the share of other currencies, such as the euro and renminbi, will also increase ... (full story)

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    BoC Summary of Governing Council deliberations: Fixed announcement date of June 4, 2025

    From bankofcanada.ca|Jun 17, 2025

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    From spectramarkets.com|Jun 17, 2025|3 comments

    Thank you to the 346 respondents in yesterday’s Fed survey. Here are the results, with a bit of commentary. First, expectations for the dot plot are centered on two cuts in the ...

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    From @DBNewswire|Jun 17, 2025|43 comments

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