Central banks plan to keep buying more gold. Here's an interesting step they're taking to store it safely

From morningstar.com

While gold prices on Comex haven't touched a record high since late January, a key reason for their climb back then to all-time intraday highs above $5,600 an ounce - namely, buying by global central banks - has proven to be resilient. Most central banks expect to buy more gold (GC00) over the next year, and many have decided to broaden their storage locations for the metal to better protect access to their reserves, according to the World Gold Council. That's despite a rush for liquidity across assets, including gold, brought on by the war in the Persian Gulf. Confidence in gold remains strong, said Shaokai Fan, ... (full story)