✉news BusinessBanking first seen 18 h ago, last 59 min ago, peak #7
Bundesbank's Nagel says central banks will keep buying gold
Original: LBMA 2026: Central banks aren’t done with gold as geopolitical risks reshape reserves – Bundesbank’s Nagel
Speaking at the LBMA 2026 conference, Bundesbank president Joachim Nagel said central banks are not finished buying gold, as geopolitical risks reshape how countries manage their reserves. His remarks point to continued official-sector demand for the metal as a hedge against instability, a trend that has already been a key driver of gold prices in recent years.
Why now: Gold prices and central bank reserve strategies are a hot topic amid ongoing geopolitical tensions
Joachim NagelBundesbankLBMAgold
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