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Financial authorities should responsibly sell their gold stocks
Gold prices are up roughly 25% this year alone. The European Central Bank reports that gold has overtaken the euro as the second largest reserve asset. Select emerging market authorities, China especially, are now major purchasers, reflecting concerns over US financial sanctions, geopolitical worries, reckless US fiscal policies and the unpredictability of President Donald Trump’s tariffs. OMFIF’s Global Public Investor 2025 survey found that gold is currently the asset class most demanded by central banks, with one-third of surveyed reserve managers expecting to increase their holdings in the short term (Figure ... (full story)
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- Jul 2, 2025 1:03pm Posted byFundamental Analysis311
