🔴 Nearly 60% of central banks in advanced economies expect the share of gold to rise over the next 5 years, according to the World Gold Council.
📌 About 13% of advanced economies seek to increase their gold holdings next year, compared to 8% last year.
📌 US sanctions on Russian dollar-denominated assets prompted central banks to diversify their financial assets
📌 Central banks added more than 1,000 tons of gold to their reserves in 2022 and 2023.
📌 The dollar’s share of global monetary reserves decreased from 70% in 2000 to 55% last year.
📌 Gold prices have risen 42% since the start of the Israeli attack on Gaza in October 2023.
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