Global Central Banks Intensify Focus on Gold Reserves

0

The survey reveals that 43% of the participating central banks are planning to increase their gold reserves within the next year—a notable rise from 29% in the previous year. Meanwhile, 95% of respondents expect that central banks globally will up their gold reserves in the coming year, an increase from 81% last year.

Looking further ahead, 76% of survey participants foresee gold constituting a more significant part of global reserve assets in five years, compared to 69% who expressed this sentiment last year. Conversely, 73% of respondents think that the US dollar will reduce its share in global reserve assets over the same period, up from 62% last year.

Respondents cite the performance of gold in crises, its portfolio diversification benefits, and its reliability as a long-term store of value as key reasons for its appeal. The survey, drawing insights from 73 central banks around the globe, underscores the perception of gold as a safe-haven asset amid ongoing economic and geopolitical uncertainties.

Shaokai Fan, Global Head of Central Banks and Head of Asia-Pacific (excluding China), highlighted that nearly half of the surveyed central banks plan to increase their holdings within the next year. He noted this as remarkable, given the record-high gold prices observed thus far in 2025.

Published:Wednesday, 18th Jun 2025
Source: Paige Estritori

Share this news item:

Finance News

Clear

Trump Mulls Change of Heart on Firing Fed Chair Powell 21 Jun 2025: Paige Estritori US President Donald Trump is once again contemplating the dismissal of Federal Reserve Chair Jerome Powell, whom he has criticized for not lowering interest rates. Trump expressed his dissatisfaction with Powell's decisions in a Truth Social post, suggesting he might change his mind about firing him. Despite acknowledging that his strong criticisms make Powell's task challenging, Trump remains focused on his agenda for reduced rates, especially with Powell's term set to end in May 2026. - read more

APRA Clarifies HELP Debt Considerations in Home Loan Assessments 20 Jun 2025: Paige Estritori The Australian Prudential Regulation Authority (APRA) has released pivotal updates to the Prudential Practice Guide APG 223 and Reporting Standard ARS 223.0, focusing on how Authorised Deposit-taking Institutions (ADIs) should integrate Higher Education Loan Program (HELP) debt into home loan evaluations. The changes are aimed at enhancing regulatory clarity and acknowledging the individual circumstances of borrowers, including the nuances of their HELP debts, without compromising prudent lending practices. - read more

Economic Unrest Spurs Increased Reliance on Financial Advisers 20 Jun 2025: Paige Estritori In the face of ongoing economic turmoil encompassing inflation, market volatility, and other financial stresses, a global survey from Natixis Investment Managers, conducted by CoreData Research, has highlighted a growing trend: investors are increasingly relying on their financial advisers. With 91 per cent of surveyed investors expressing trust in their financial advisers for investment decisions, this highlights an unmistakable shift amidst financial uncertainty. - read more

Global Central Banks Intensify Focus on Gold Reserves 18 Jun 2025: Paige Estritori Recent data from the 2025 Central Banks Gold Reserve Survey indicates a renewed focus on gold among the world's central banks. As these financial institutions adapt to the changing economic landscape, their strategies increasingly involve boosting their gold reserves. - read more

Navigating Private Credit Risks for Australian Retail Investors 17 Jun 2025: Paige Estritori Investment in private credit is not a contemporary innovation; its roots trace back to ancient times. The evolution of direct lending, particularly in the UK, Europe, and the US, intensified across the 18th to the 20th centuries, serving as a crucial alternative during frequent banking crises. The current surge in private lending originated in the 1990s amidst burgeoning internet startups, and was further propelled by tighter banking regulations and historically low interest rates post the Global Financial Crisis. - read more

AFCA Caught in Scam Operations, Urged to Strengthen Protocols 17 Jun 2025: Paige Estritori The Australian Financial Complaints Authority (AFCA) finds itself inadvertently entangled in sophisticated scamming operations. The Stockbrokers and Investment Advisers Association (SIAA) has identified a tactic whereby fraudsters use AFCA's complaint system to lend credibility to their scams by taking over victims' accounts and falsely lodging complaints. - read more

Sydney Property Market Rebounds with Strong Auction Performance 16 Jun 2025: Paige Estritori The Sydney property market showed signs of revival as the latest auction results indicated a resurgence in buyer enthusiasm. Last weekend, the city recorded a preliminary auction clearance rate of 70.5%, marking a notable rebound from the previous week's low of 58.1%. The recent performance also represents Sydney's first clearance rate above 70% in three weeks and only the second instance in the past thirteen weeks. - read more