Central banks are turning back to gold

Central banks are turning back to gold

From omfif.org

It has been more than 50 years since the dollar was unpegged from gold. Nevertheless, it remains a key asset for central banks around the world. Gold’s attractiveness has recently increased against a backdrop of rising geopolitical and economic tensions. Will this continue and, if so, what are the implications for the distribution of gold around the world? Geopolitical events have laid a solid foundation for gold to become prominent once again in the reserve portfolios of central banks, and as a way to settle payments for some countries. As geopolitical risks rise, various countries are setting their own ... (full story)

Sep 2, 2025 11:43am

I have decided not to hold gold any longer. I will sell off my position now and wait for a better opportunity to buy again.

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