✉news BusinessBanking first seen 16 h ago, last 4 h ago, peak #5
Gold's Share of Central Bank Reserves Nearly Doubled, Banker Explains Why
Original: Gold’s Share of Central Bank Reserves Nearly Doubled. A Top Banker Just Explained Why.
Gold's share of global central bank reserves has nearly doubled in recent years, according to a senior banker who explained the shift. Central banks have been buying bullion heavily, driven by diversification away from the US dollar and demand for assets seen as safe from sanctions and inflation. Commentators say the trend reflects growing de-dollarisation among reserve managers worldwide.
Why now: Central banks' accelerating gold purchases and de-dollarisation are a live debate in financial markets.
Rank over time, top of the chart is #1. 10 snapshots from 16 h ago to 4 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1193199