SUBSCRIBERS
Central banks remain bullish on gold's prospects: WGC survey
25% of central banks expect to increase reserves of the yellow metal in the year
Add BT as a preferred sourcePublished Sun, Jun 13, 2021 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
London
GOLD will continue to be a significant proportion of global central bank reserves, despite more countries moving towards fintech innovation and digital currency and payments.
According to the World Gold Council's (WGC) latest central banks gold reserve survey, just over a fifth of central banks - about 21 per cent - expect to increase their reserves of the yellow metal in the next 12 months.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
